- Second Wave Petroleum Inc. will raise C$16.5 million through a bought deal of 9.6 million shares at C$1.40, a 24 percent discount to the shares' closing price. The company granted an overallotment option of 1.1 million shares. Proceeds will be used to partly fund exploration and development at its emerging Judy Creek Pekisko oil play in Alberta. Wellington West Capital Markets is the lead underwriter. The company said it would also sell about......
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