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Zedcor Inc. Upsizes Bought Deal Public Offering to $22 Million

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Zedcor Energy Inc ( (TSE:ZDC) ) has issued an update.

Zedcor Inc., a company listed on TSX Venture, has announced an increase in its previously declared bought deal public offering of common shares, raising gross proceeds of $22,009,500. The offering is underwritten by Beacon Securities Limited with a syndicate of other underwriters and includes an over-allotment option to purchase additional shares, aiming at market stabilization. The shares are being offered in Canada, excluding Quebec, and to eligible international investors through private placement exemptions, but not in the United States due to registration constraints.

More about Zedcor Energy Inc

YTD Price Performance: 1.99%

Average Trading Volume: 233,820

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$331.4M

For a thorough assessment of ZDC stock, go to TipRanks’ Stock Analysis page.

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