New Stratus Energy Inc. Completes $9.66 Million Private PlacementJuly 30, 2021
New Stratus Energy Inc. (the “Company”), a Canada based oil and gas company with a focus on oil and gas producing assets in Latin America, completed a brokered private placement of 32,190,751 units of the Company (each, a “Unit”) at a price of $0.30 per Unit for aggregate gross proceeds to the Company of approximately $9.66 million (the “Offering”).
Canaccord Genuity Corp. (“Canaccord”) acted as lead agent and sole bookrunner of the Offering on behalf of a syndicate comprised of Echelon Wealth Partners Inc. and Paradigm Capital Inc. (together with Canaccord, the “Agents”).
Wildeboer Dellelce LLP acted for the Agents in connection with the Offering with a team comprising Perry Dellelce, Peter Volk, Joel Fraser, Nathan Holloway and Himani Trivedi (corporate/securities).
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