02:22:23 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Coelacanth Energy Inc
Symbol CEI
Shares Issued 529,000,000
Close 2023-12-04 C$ 0.78
Market Cap C$ 412,620,000
Recent Sedar Documents

Coelacanth Energy $80-million prospectus offering

2023-12-05 16:08 ET - Prospectus Approved

Effective Nov. 3, 2023, the company's short form prospectus dated Nov. 3, 2023, was filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Alberta Securities Commission. The short form prospectus has been filed under Multilateral Instrument 11-102 -- Passport System in British Columbia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador.

The TSX Venture Exchange has been advised that the closing of the offering occurred on Nov. 15, 2023, for gross proceeds of $80-million.

Offering:  100 million units; each unit consists of one common share and one-third of one common share purchase warrant of the company; each warrant entitles the holder thereof to acquire one common share

Unit price:   80 cents per unit

Warrant exercise price/term:  $1.05 for a period of 12 months from the closing date of the offering

Agent(s):  Haywood Securities Inc., Eight Capital, Cormark Securities Inc., ATB Capital Markets Inc. and Acumen Capital Finance Partners Ltd.

Agent(s) commission:  an aggregate of $3.6-million in cash

For further details, refer to the company's preliminary short form prospectus dated Oct. 27, 2023, and final short form prospectus dated Nov. 3, 2023 (filed on SEDAR+), and news releases dated Oct. 23, 2023, and Nov. 15, 2023.

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