BRIEF-Hemisphere Energy announces bought deal equity financing

Thu Nov 21, 2013 7:43am EST
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Nov 21 (Reuters) - Hemisphere Energy Corp : * Announces bought deal equity financing * Underwriters have agreed to purchase, on a bought deal basis, 3.6 million

units of Hemisphere at a price of $0.55per unit * Will use net proceeds from offering to accelerate capital program focused on

co's jennercore area,newly acquired atlee buffaloplay * Entered into agreement with a syndicate of underwriters which agreed to

purchase on a bought deal basis, 3.6 million units at $0.55/unit * Also offering 3.1 million common shares to be issued on a "cee flow-through"

basis at price of $0.65/cee flow-through share * Source text for Eikon * Further company coverage