By Sheri Kasprzak
Atlanta, Dec. 22 - Defiant Resources Corp. said late Tuesday it has closed a private placement for C$8.2 million.
The company sold 6.3 million shares at C$1.30 each.
Investors in the deal also received warrants for 2,746,599 shares. Additional details about the warrants could not be obtained Wednesday.
The offering was completed as part of the acquisition of Defiant Energy Corp. by Advantage Oil & Gas Ltd. The company's name is now Defiant Resources, and Defiant's stock will begin trading on the Toronto Stock Exchange Dec. 23.
Based in Calgary, Alta., Defiant is an oil and gas exploration and development company.
| Issuer: | Defiant Resources Corp.
|
| Issue: | Stock
|
| Amount: | C$8.2 million
|
| Shares: | 6.3 million
|
| Price: | C$1.30
|
| Warrants: | For 2,746,599 shares
|
| Settlement date: | Dec. 21
|
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