On October 22, 2002, Calgary-based Canadian 88 Energy Corp. completed a bought deal equity financing involving the issue of 16.53 million common shares and five million flow-through common shares from treasury at $2.42 per common share and $3 per flow-through common share for aggregate gross proceeds of approximately $55 million. The underwriting syndicate was led by CIBC World Markets Inc., and included Scotia Capital Inc., National Bank Financial Inc., FirstEnergy Capital Corp. and TD Securities Inc.
Canadian 88 Energy was represented by Robert Lehodey and Took Whiteley of Bennett Jones LLP. Brock Gibson and Scott Cochlan of Blake, Cassels & Graydon LLP acted for the underwriters.
Canadian 88 Energy was represented by Robert Lehodey and Took Whiteley of Bennett Jones LLP. Brock Gibson and Scott Cochlan of Blake, Cassels & Graydon LLP acted for the underwriters.
