Petrus Resources is pleased to announce the listing of its shares on the TSX under the symbol "PRQ". The listing is a milestone event for Petrus, which was formed as a private energy company in 2011 with a strategy of enhancing shareholder value through investment in acquisitions and organic drilling in Alberta. The Company's production has grown to 9,000 boe/d currently, with estimated compound annual growth rates in [...]
Petrus Resources is pleased to announce that the previously announced plan of arrangement involving Petrus, Petrus Resources Corp., Petrus Resources Inc. and Fox River Resources Corporation has closed, and aggregate gross proceeds from the previously announced $30 million bought deal financing (the "Financing") of subscription receipts of Petrus ("Subscription Receipts") have been released from escrow, resulting in [...]
Petrus Resources and PhosCan Chemical are pleased to jointly announce that the Court of Queen's Bench of Alberta has granted a final order approving the previously announced plan of arrangement involving Petrus, PhosCan, Petrus Acquisition Corp., Fox River Resources Corp., and the shareholders thereof. The Arrangement was approved by the shareholders of each of Petrus and PhosCan held on January 21, 2016.
Petrus Resources is pleased to announce that Petrus Acquisition has completed the previously announced bought deal financing of 16,217,000 subscription receipts at an issue price of $1.85 per Subscription Receipt for aggregate gross proceeds of approximately $30 million with a syndicate of underwriters led by FirstEnergy Capital Corp. and GMP Securities L.P. ("GMP" and, together with FirstEnergy, the "Co-Lead [...]
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