CALGARY, ALBERTA–(Marketwired – March 3, 2015) – Crew Energy Inc. (TSX:CR) of Calgary, Alberta (“Crew” or the “Company”) today announced that it has closed its previously announced bought deal financing (the “Offering”).
A total of 16,667,000 common shares of Crew have been issued at a price of $6.00 per share for gross proceeds of approximately $100 million. The Offering was made through a syndicate of underwriters co-led by GMP Securities L.P. and TD Securities Inc.
Crew Energy Inc. is a dynamic, growth-oriented exploration and production company, focused on increasing long-term production, reserves and cash flow per share through the development of our world-class Montney resource. Crew is based in Calgary, Alberta and our shares are traded on The Toronto Stock Exchange under the trading symbol “CR”.
Crew Energy Inc.
Dale Shwed
President and C.E.O.
(403) 231-8850
Crew Energy Inc.
John Leach
Senior Vice President and C.F.O.
(403) 231-8859
Crew Energy Inc.
Rob Morgan
Senior Vice President and C.O.O.
(403) 513-9628
www.crewenergy.com