Tuesday, December 10, 2013

Kelt Exploration Ltd. - KEL.t

Kelt Exploration Ltd. - KEL.t focuses on exploration, development and production of crude oil and natural gas resources, primarily in west central Alberta and northeastern British Columbia.

On December 3, 2013 the company reported News


CALGARY, Alberta, December 3, 2013 (“KEL” – TSX) – Kelt Exploration Ltd. (“Kelt” or the “Company”) is pleased to announce that it has completed a bought deal private placement offering (the “Brokered Offering”) with a syndicate of underwriters led by Peters & Co. Limited and including CIBC World Markets Inc., FirstEnergy Capital Corp., RBC Capital Markets, National Bank Financial Inc., Scotia Capital Inc., AltaCorp Capital Inc., Cormark Securities Inc., GMP Securities Inc., Dundee Capital Markets and Macquarie Capital Markets Canada Ltd. (collectively, the “Underwriters”) pursuant to which the Company issued 10.0 million subscription receipts of Kelt (“Subscription Receipts”) at a price of $8.15 per Subscription Receipt for gross proceeds of $81,500,000.






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