BRIEF-Tamarack Valley Energy announces $38 mln Bought Deal Financing

Mon Feb 29, 2016 5:53pm EST
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February 29 (Reuters) -

Tamarack Valley Energy Ltd. Announces $38.0 Million Bought Deal Financing And Reaffirms previously announced 2016 guidance

* Underwriters have agreed to purchase for resale to public 13 million common shares at an issue price of $2.92 per common share

* Net proceeds from offering will be used to initially reduce indebtedness Source text for Eikon: Further company coverage: