New Issue: TriStar plans C$15.07 million private placement of flow-through shares

By Devika Patel

Knoxville, Tenn., Dec. 1 - TriStar Oil & Gas Ltd. said it will conduct a C$15.07 million private placement of stock.

The company will sell 1,025,000 flow-through common shares at C$14.70 apiece.

The bought deal financing was arranged with a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including GMP Securities LP, FirstEnergy Capital Corp., BMO Capital Markets, CIBC World Markets Inc., Genuity Capital Markets, National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc. and Tristone Capital Inc.

Settlement is expected Dec. 18.

Proceeds will be used for exploration.

TriStar is a Calgary, Alta.-based light oil and natural gas company active in the acquisition, exploration, development and production of crude oil and natural gas in western Canada.

Issuer:	TriStar Oil & Gas Ltd.
Issue:	Flow-through common shares
Amount:	C$15,067,500
Shares:	1,025,000
Price:	C$14.70
Warrants:	No
Agents:	Macquarie Capital Markets Canada Ltd. (lead), GMP Securities LP, FirstEnergy Capital Corp., BMO Capital Markets, CIBC World Markets Inc., Genuity Capital Markets, National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc. and Tristone Capital Inc.
Pricing date:	Nov. 27
Settlement date:	Dec. 18
Stock symbol:	TSX Venture: TOG
Stock price:	C$11.06 at close Nov. 27

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