Last Raise 2018 I Posted this awhile back
but for any newbies
SG does not appear to need any equity raise at this time
Here is the last raise by VLE and the cash that allowed him to pull off these deals in 2022
they just had turkey at that time
VALEURA ANNOUNCES INCREASE TO PREVIOUSLY ANNOUNCED BOUGHT DEAL FINANCING TO $60 MILLION
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Press Release – February 8, 2018
Valeura Energy Inc. (“Valeura” or the “Corporation”) (TSX: VLE) is pleased to announce that, in connection with its previously announced bought deal financing, Valeura and the syndicate of underwriters led by GMP FirstEnergy and including Cormark Securities Inc. (collectively, the “Underwriters”), have agreed to increase the size of the financing (the “Offering”). Valeura will now issue 10,527,000 common shares at $5.70 per common share for aggregate gross proceeds of approximately $60 million.
The Corporation expects to use the net proceeds of the Offering to fund the continued appraisal of its basin-centered gas play in Turkey and for general corporate purposes.
The Offering will be made in each of the provinces of Canada, except Quebec, by way of short form prospectus. The Offering is scheduled to close on or about March 1, 2018.