Saturn Oil & Gas Launches Major Financing Effort
Company Announcements

Saturn Oil & Gas Launches Major Financing Effort

Saturn Oil & Gas Inc. (TSE:SOIL) has released an update.

Saturn Oil & Gas Inc. has announced the filing of a prospectus supplement in connection with a $100 million bought-deal subscription receipt financing. The offering will distribute around 42.6 million subscription receipts at $2.35 each, with Echelon Wealth Partners as the lead underwriter. The company, known for its responsible development of oil assets and commitment to ESG principles, offers further details available through its SEDAR+ profile and encourages prospective investors to review these documents.

For further insights into TSE:SOIL stock, check out TipRanks’ Stock Analysis page.

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