Logan Energy Corp (TSE:LGN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Logan Energy Corp. has successfully completed its upsized bought-deal private placement, raising $50 million through the sale of common shares, alongside securing $125 million in new credit facilities. The funds are earmarked for the development of Logan’s Duvernay land position and Montney assets, including the construction of a new gas plant.
For further insights into TSE:LGN stock, check out TipRanks’ Stock Analysis page.