CALGARY, ALBERTA–(Marketwired – Nov. 13, 2013) –
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
RMP Energy Inc. (“RMP” or the “Company“) (TSX:RMP) is pleased to announce that the Company closed its previously announced “bought deal” equity financing (the “Equity Financing“). Pursuant to the terms of the Equity Financing, RMP issued, on an underwritten basis, approximately 8.2 million common shares at a price of $6.10 per share for total gross proceeds of approximately $50.0 million. The common shares were offered in all provinces of Canada (except Quebec), by way of a short form prospectus.
Certain members of the Company’s Executive and Board of Directors participated in the Equity Financing. After giving effect to the Equity Financing, RMP has approximately 117.8 million common shares issued and outstanding.
The common shares offered under the Equity Financing have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereof. This news release shall not constitute an offer to sell or the solicitation of any offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
President and Chief Executive Officer
RMP Energy Inc.
Vice President, Finance and Chief Financial Officer