By Sheri Kasprzak
Atlanta, Oct. 28 - Rock Energy Inc. raised C$1 million in a private placement, the company said Thursday.
The company sold 266,666 shares to outside directors of Rock at C$3.75, a 6.25% discount to Rock's closing price of C$4 on Wednesday.
The Calgary, Alta.-based energy company also announced Thursday that Leanne Bate, a member of its board of directors, resigned. Added to the board were Matt Brister and Jim Wilson.
Issuer: | Rock Energy Inc.
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Issue: | Stock
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Amount: | C$1 million
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Shares: | 266,666
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Price: | C$3.75
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Warrants: | No
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Pricing date: | Oct. 27
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Settlement date: | Oct. 27
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Stock price: | C$4 at close Oct. 27
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