BRIEF-Cardinal Energy increases previously announced bought deal financing to $60.8 mln

Thu May 26, 2016 8:48am EDT
 
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May 26 (Reuters) - Cardinal Energy Ltd :

* Has increased size of its previously announced public offering to 6,500,000 common shares

* Maximum gross proceeds that could be raised under offering is approximately $66.9 million

* Cardinal Energy Ltd announces an increase to the previously announced bought deal financing to $60.8 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)