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Bullboard - Stock Discussion Forum Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet... see more

TSX:PEY - Post Discussion

Peyto Exploration & Development Corp > Buying REPSOL assets/bought deal annoucement..
View:
Post by downwithdotcom1 on Sep 06, 2023 5:48pm

Buying REPSOL assets/bought deal annoucement..

see NR for details ..shares could drop due to the bought detail...see below..dwdc


" Peyto has entered into an agreement with a syndicate of underwriters (the "Underwriters") led by BMO Capital Markets, CIBC Capital Markets and National Bank Financial, for the issuance of 10,510,000 subscription receipts (the "Subscription Receipts") on a bought deal basis, at an issue price of $11.90 per Subscription Receipt" 
Comment by Ganga22 on Sep 06, 2023 6:04pm
Please explain as to why you think share price will drop?
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