First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.

TSXV:AAA.P - Post by User

First Tidal Acquisition Corp

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Post by bob--ten1on Jan 13, 2012 7:57am

352 Views

Post# 19399825

Another company did a bought deal

at a deep discount. It Traded as high as $14.22 yesterday. PP accounced today to $13.00.

January 13, 2012 07:48 ET

Poseidon Concepts Corp. Announces $75.0 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwire - Jan. 13, 2012) -

Poseidon Concepts Corp. (TSX:PSN) ("Poseidon" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters") led by National Bank Financial Inc. and including BMO Nesbitt Burns Inc., CIBC World Markets Inc., Haywood Securities Inc., Peters & Co. Limited, Canaccord Genuity Corp., Cormark Securities Inc., Dundee Securities Ltd. and FirstEnergy Capital Corp. pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 5,770,000 common shares ("Common Shares") at a price of $13.00 per Common Share

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