CAMARILLO, CA, March 26, 2014 /CNW/ - BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX) is pleased to announce the closing of its previously
announced bought-deal, short form prospectus offering (the "Offering") through a syndicate of underwriters led by Macquarie Capital Markets
Canada Ltd. and including GMP Securities L.P., TD Securities Inc., and
Cormark Securities Inc. Pursuant to the Offering the Company issued
15,910,000 common shares of the Company (the "Common Shares") at a price of $2.20 per Common Share for gross proceeds of
$35,002,000.
About BNK Petroleum Inc.
BNK Petroleum Inc. is an international oil and gas exploration and
production company focused on finding and exploiting large,
predominately unconventional oil and gas resource plays. Through
various affiliates and subsidiaries, the Company owns and operates
shale oil and gas properties and concessions in the United States,
Poland and Spain. Additionally the Company is utilizing its technical
and operational expertise to identify and acquire additional
unconventional projects. The Company's shares are traded on the Toronto
Stock Exchange under the stock symbol BKX.
SOURCE BNK Petroleum Inc.
Wolf E. Regener +1 (805) 484-3613
Email: investorrelations@bnkpetroleum.com
Website: www.bnkpetroleum.com
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