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Transactions in 2013

 

December 20, 2013 - Vicwest Inc. Closes Convertible Debentures Offering

Vicwest announced closing of $30,000,000 of 5.25% convertible unsecuried subordinated debentures. AltaCorp Capital particiapted as a member of the syndicate.
 

  

  

December 17, 2013 - Ag Growth International Inc. Closes Convertible Unsecured Subordinated Debentures Public Offering

Ag Growth International announced the closing of a Public Offering of $75,000,000 aggregate principal amount of convertible unsecured subordinated debentures at a price of $1,000 per debenture. AltaCorp participated as a member of the syndicate.
 

 

 

December 12, 2013 - Yangarra Resources Ltd. Closes Bought Deal Financing

Yangarra closed on its $14.5 million bought deal financing (including the over-allotment) that was announced November 25th 2013. The company issued 12.0 mm common shares at $0.54/share (gross ~$6.5 mm), along with an over-allotment of 1.8 mm common shares (gross up to ~$1.0 mm). The company also issued ~7.8 mm common shares on a CEE flow-through basis, at $0.645/share (gross $5.0 mm), along with 3.4 mm common shares issued on a CDE flow-through basis, at a price of $0.59/share (gross $2.0 mm). AltaCorp Capital participated as the Lead Underwriter.
 
 

  

  

December 11, 2013 - Paramount Resources Ltd. Closes $150 Million Senior Notes Offering

Paramount issued a $150 million (principle amount) of 7.625% senior unsecured notes due in 2019 (issued at a 0.75% premium). Proceeds are to be used to fund a portion of its 2014
capital program (to be finalized in Q1/14), and for general corporate purposes. AltaCorp Capital participated as a member of the syndicate.
 

 

 

 

December 11, 2013 - Bellatrix Exploration Ltd. Acquires Angle Energy Inc.

Bellatrix Exploration acquired all issued and oustanding common shares of Angle Energy for consideration of $69.7 Million in cash and ~30.2 mm common shares of BXE. AltaCorp Capital participated as Advisor to Bellatrix Exploration.
 

  

 

December 3, 2013 - Kelt Exploration Ltd. Closes Bought Deal Private Placement Offering

Kelt Exploration announced the closing of a bought deal private placement offering. Pursuant to the offering, the company issued 10,000,000 subscription receipts at a price of $8.15 per subscription receipt for gross proceeds of $81,500,000. AltaCorp Capital participated as a member of the syndicate.
 

  

 

November 5, 2013 - Bellatrix Exploration Ltd. Closes Bought Deal Financing

Bellatrix has closed on a $175 Million bought deal financing, selling 21.875 million common shares at a price of $8.00 per common share. AltaCorp Capital participated as a member of the bought deal syndicate.
 

  

 

October 21, 2013 - Trilogy Energy Corporation Closes $200 Million Bought Deal Financing

Trilogy Energy announced the closing of a $200 Million Bought Deal Financing announced September 30th 2013. The company issued 7.02 mm common shares at $28.50 per share for gross proceeds of ~$200 Million. AltaCorp Capital participated as a member of the underwriting syndicate.
 

  

 

October 21, 2013 - Crew Energy Inc. Closes $150 Million Private Offering of Senior Unsecured Notes

Crew Energy announced the closing on its $150 Million private offering of senior unsecured
notes. The company announced the private offering on October 16th 2013. $150 million in aggregate principal amount of 8.375% per annum, 7-year, senior unsecured notes issued. AltaCorp Capital participated as a member of the syndicate.
 

  

  

October 17, 2013 - Pine Cliff Energy Ltd. Closes $20 Million Financing

Pine Cliff announced the closing of its $20 Million financing and we are off research restriction. The company had announced the marketed common share offering on October 2, 2013 at a price of $1.10/share for 18.2 million shares. AltaCorp was part of the syndicate.
 

 

 

October 16, 2013 - Paramount Resources Ltd. Announces Closing of Public Offering

Paramount Resources closed its public offering of 1,115,000 Class A Common Shares on a flow-through basis at a price of $44.00 per FTS for gross proceeds of $49,060,000. AltaCorp participated as a member of the syndicate.
 

  

 

October 10, 2013 - CanElson Drilling Inc. Closes Bought Deal Financing

CanElson announced the closing of its bought deal financing. AltaCorp was in the
syndicate of investment dealers. CanElson has raised gross proceeds of approximately $34.9 mm (including an over-allotment option of $4.6 mm) via the offering of 5.6 mm CDI common shares (including 0.7 mm via over-allotment) at an issue price of $6.20. CDI now has approximately 88.8 mm common shares outstanding.
 

  

  

October 8, 2013 - Calfrac Well Services Ltd. Closes Offering of Senior Notes

Calfrac closed its offering of US$150 mm aggregate principal amount of 7.50% senior notes (due 2020) on a private placement basis at an issue price of 99.625% of the aggregate principal amount of the notes (plus accrued interest from June 1, 2013). The notes have been issued as additional notes via the Indenture pursuant to which CFW previously issued US$450 mm of its 7.50% senior notes (due 2020) in November 2010. The notes will be treated together with the existing notes as a single series of fungible debt securities (same terms). The notes are fully and unconditionally guaranteed by Calfrac and Calfrac Well Services Corp. (CFW’s wholly owned subsidiary and a Colorado corporation). Calfrac will
use the net proceeds of the offering to repay debt on its credit facilities associated with the acquisition of the assets of Mission Well Services. AltaCorp was in the syndicate of investment dealers. 
 

 

  

October 4, 2013 - Input Capital Corp. Closes Bought Deal Public Offering

Input Capital announced the closing of its bought deal public offering of Class A common shares for gross proceeds of the public and (previously announced) private placement of $37,509,900.80. AltaCorp Capital participated as a member of the syndicate.
 

 

  

September 5, 2013 - Tamarack Valley Energy Ltd. Closes $25 Million Financing

Tamarack Valley Energy closed a $25 Million financing under a subscription receipts arrangement to help fund the acquisition of Sure Enregy Inc. for approximately $52.5 Million. The subscription receipts were issued by Sure, at a price of $0.26/SHR share, or the equivalent of $2.476/TVE share using share exchange in the acquisition. The financing closed September 5th. The subscription receipts will be released from escrow if certain terms are satisfied by October 18th (the acquisition is expected to close by mid-October). AltaCorp Capital participated as a member of the syndicate.
 

 

  

August 8, 2013 - Canadian Energy Services & Technology Corp. Announces Closing of Bought Deal Financing

CEU has closed its bought deal financing (announced July 18, 2013). AltaCorp was an underwriter in the transaction. Pursuant to the financing, underwriters purchased 2.1 mm CEU common shares, on a bought deal basis, at a price of $16.60 per common share for gross proceeds of $35.0 mm. AltaCorp Capital participated as a member of the bought deal syndicate.
 

 

  

July 2, 2013 - Bonterra Energy Corp. Closes $27.6 Million Bought Deal Financing

Bonterra Energy closed $27.6 Million bought deal financing that was announced before market June 10th, 2013. AltaCorp acted as an underwriter in the transaction. The offering consisted of a $27.6 mm bought deal financing issuing 553,725 BNE common shares (including the over-allotment option of 72,225 shares) at a price of $49.85/share. Equity dilution is approximately 1.8%. 
 

 

  

July 25, 2013 - CERF Incorporated Closes Equity Financing

CERF Incorporated announced closing of $11.5 Million equity financing including full exercise of the over-allotment option. AltaCorp Capital participated as Co-Bookrunner.
 

 

 

June 19, 2013 - Pine Cliff Energy Ltd. Announces Closing of $25 Million Financing

Pine Cliff announced the closing of its $25 Million financing. The company had announced the marketed common share offering on June 4, 2013 at a price of $0.88/share for 28.5 million shares. AltaCorp Capital participated as a member of the underwriting syndicate.
 

  

 

June 13, 2013 - CanElson Drilling Inc. Announces Closing of Bought Deal Financing

CanElson has closed its bought deal financing (announced May 23, 2013). AltaCorp was an underwriter in the transaction. Pursuant to the financing, underwriters purchased 5.2 mm CDI common shares, on a bought deal basis, at a price of $4.85 per common share for gross proceeds of $25.2 mm. In addition, the underwriters exercised an overallotment option for an additional 0.8 mm, raising an additional $3.8 mm (gross) for combined total gross proceeds of $29.0 mm. 
 

  

 

May 31, 2013 - Agrium Inc. Issues an Aggregate US$1 Billion, 10-year and 30-year Debentures

Agrium issues US$500 Million of 3.5% debentures due June 1, 2023 and US$500 Million of 4.9% debentures due June 1, 2043. AltaCorp participated as a member of the underwriting syndicate.
 

  

  

May 28, 2013 - Canadian Natrual Resources Limited 

CNRL issues $500 Million principal amount of 2.89% unsecured notes due August 14, 2020. AltaCorp Capital participated as a member of the syndicate.
 

 

  

May 22, 2013 - Paramount Resources Ltd. Closes Share Offering

Paramount Resources announced the completion of its public offering of 4,025,000 Clas A common shares at a price of $37.50 per share for gross proceeds of $150,937,500. AltaCorp Capital participated as a member of the syndicate
 

 

 

 

April 22, 2013 - Western Energy Services Corp. Announces Closing of 

Western has completed its previously announced (February 22th 2013) acquisition of IROC Energy Services Corp. (99.6% of ISC votes cast in favor of the transaction) for a total purchase price of $184.8 mm comprised of approximately $62.9 mm of cash, 12.4 mm WRG shares and the assumption of $37.9 mm of ISC debt (plus transaction costs and cancellation of stock options and RSUs). AltaCorp Capital participated as Advisor to IROC Energy Services Corp.

  

 

February 14, 2013 - Alliance Grain Traders Inc. Closes Senior Secured Notes Offering

Alliance Grain Traders announced the closing of its offering of $125 Million in aggregate principal amount of senior secured lien notes due february 14, 2018. The senior secured lien notes, bearing interest at an annual rate of 9%, were sold at 99.5% of principal for gross proceeds of $124,375,000. AltaCorp Capital participated as a member of the syndicate.