BRIEF-Bonavista Energy Corp announces $100 million bought deal financing

Thu May 26, 2016 3:24pm EDT
 
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May 26 (Reuters) - Bonavista Energy Corp

* Agreement to sell, on a bought deal basis to a syndicate of underwriters, 29.9 million common shares at $3.35 per common share

* Net proceeds of offering will be used initially to reduce bonavista's bank indebtedness

* Bonavista energy corporation announces $100 million bought deal financing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)