Advantage Energy (TSE:AAV) has released an update.
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Advantage Energy Ltd. has successfully completed its bought deal financing, with underwriters fully exercising their over-allotment option, resulting in an additional $18.75 million in convertible debentures issued. This brings the total to $143.75 million raised, which will contribute to funding the acquisition of Charlie Lake and Montney assets. The debentures are available for trade on the Toronto Stock Exchange under the ticker ‘AAV.DB’.
For further insights into TSE:AAV stock, check out TipRanks’ Stock Analysis page.
