VALEURA ENERGY ANNOUNCES CLOSING OF C$10 MILLION BOUGHT DEAL FINANCING
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February 8, 2023 – Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company”), the upstream oil and gas company with assets in the offshore Gulf of Thailand and the Thrace Basin of Turkey, announces the closing of its bought deal basis, private placement offering of 3,937,000 common shares of the Company (the “Common Shares”) at a price of C$2.54 per Common Share for aggregate gross proceeds to the Company of approximately C$10 million, as announced on January 31, 2023 (the “Offering”). The Offering was led by Research Capital Corporation as the sole underwriter and sole bookrunner.