ENP Newswire -
Release date- 26022014 -
The offering will be completed by way of a short form prospectus that will be filed in each of
In addition, the Underwriters have been granted an over-allotment option, which may be exercised in whole or in part up to 30 days after closing of the offering, to purchase up to 3,975,000 additional Common Shares at a price of
The Company also intends to issue by private placement an additional 3,773,585 Common Shares at
The Company intends to use the net proceeds from the offering and the private placement to fund ongoing capital expenditures, including the first phase of the
The offering and the private placement are scheduled to close on or about
BlackPearl is also pleased to announce that the Company's banking syndicate led by
This news release does not constitute an offer to sell or a solicitation of any offer to buy the securities in
Certain of the statements made and information contained herein is forward-looking statements and forward looking information (collectively referred to as 'forward-looking statements') within the meaning of Canadian securities laws, including the anticipated closing date of the equity offerings and the use of proceeds. All statements other than statements of historical fact may be forward-looking statements.
Forward-looking statements are often, but not always, identified by the use of words such as 'anticipate', 'believe', 'plan', 'continuous', 'estimate', 'expect', 'may', 'will', 'project', 'should', 'predict', 'targeting', 'seek', 'intend', 'could', 'potential' or similar words. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.
The Company believes the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.
Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur. There can be no assurance that the plans, intentions or expectations upon which forward-looking statements are based will in fact be realized. Actual results will differ, and the difference may be material and adverse to the Corporation and its shareholders.
President and Chief Executive Officer
Tel: (403) 215-8313
Chief Financial Officer
Tel: (403) 215-8313
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