New Stratus Energy’s $9.66 Million Private Placement

Wildeboer Dellelce LLP acted for the Agents in connection with the Offering.

New Stratus Energy Inc (CVE:NSE). completed a brokered private placement of 32,190,751 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds to the Company of approximately $9.66 million. 

Canaccord Genuity Corp. 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.

New Stratus Energy is a Canada based oil and gas company with a focus on oil and gas producing assets in Latin America,

The Wildeboer Dellelce team comprised of Perry Dellelce (Picture), Peter Volk, Joel Fraser, Nathan Holloway and Himani Trivedi (corporate/securities).

Involved fees earner: Perry Dellelce – Wildeboer Dellelce LLP; Joel Fraser – Wildeboer Dellelce LLP; Nathan Holloway – Wildeboer Dellelce LLP; Peter Volk – Wildeboer Dellelce LLP;

Law Firms: Wildeboer Dellelce LLP;

Clients: Canaccord Genuity; Echelon Wealth Partners Inc.; Paradigm Capital Inc.;

Author: Martina Bellini