RE:notice who is not buying shares?Not that I want to defend Ward and his crew but they did purchase 374,700 shares at $5.60 during the last financing in April 2017
Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX:PPY) is pleased to announce that it has closed its previously announced bought deal financing (the "Offering"). Pursuant to the Offering, the Corporation has issued a total of 19,820,000 common shares in the capital of the Company ("Common Shares"), which included the full exercise of the over-allotment option granted to the underwriters of the Offering. All of the Common Shares were issued at a price of $5.60 per Common Share for gross proceeds of approximately $111 million.
The Offering was co-led by Cormark Securities Inc. and TD Securities Inc. and also included GMP FirstEnergy, Scotia Capital Inc., Canaccord Genuity Corp., RBC Capital Markets, Raymond James Ltd., AltaCorp Capital Inc. and CIBC World Markets Inc.
Certain affiliates, insiders and employees of Painted Pony participated in the Offering by purchasing 374,700 Common Shares at a price of $5.60 per Common Share.
Read more at https://stockhouse.com/news/press-releases/2017/04/05/painted-pony-announces-closing-of-111-million-equity-financing-including-full#E2SIfG4etw0Kkjlx.99