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Bullboard - Stock Discussion Forum Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company has a portfolio of production and development opportunities in the Deep Basin and the Duvernay. It is focused on the execution of the Company’s organic drilling program in the Deep Basin, delivering... see more

TSX:SDE - Post Discussion

Spartan Delta Corp > $50 Million Equity Offering
View:
Post by TouchDown12 on Jan 13, 2025 6:07pm

$50 Million Equity Offering

Ok, who is buying more? I think it is priced about right so i will be buying on the open market (depending on how it reacts) tomorrow. GLTA TD12
Comment by PabloLafortune on Jan 14, 2025 12:58pm
The offering has been upsized to $85M gross. + the usual 15% over-allotment.
Comment by TouchDown12 on Jan 14, 2025 1:39pm
This week, i call that success. Good for SDE to pull this off. Says lots about the managment team and the reason i held my shares and added after the last transaction. Sorry I missed the buying opportunity in the 3.80's this AM. My bad! GLTA TD12
Comment by PabloLafortune on Jan 16, 2025 5:13pm
No doubt. Canadian oil and gas was bad today. The fact they raised that much at that price speaks volumes about management. 
Comment by TouchDown12 on Jan 16, 2025 6:27pm
Finally filled a buy today in the 3.80's that i missed on day 1. Anyhow, buying this is easy compared to navigating the CDN landscape and holding E&P this week. What a complete mess.... and opportunity? TD12