One of the items of news that caught my attention was the IPO of Tourmaline Oil.
Tourmaline Oil Corp. ("Tourmaline") is pleased to announce that it has closed its initial public offering of 10,000,000 common shares at a price of $21.00 per share. Concurrent with the closing of the initial public offering, Michael L. Rose and Robert N. Yurkovich, directors and senior officers of Tourmaline, purchased a total of 850,000 common shares at the offering price of $21.00 per share on a private placement basis. The gross proceeds from the offering and concurrent private placement totalled $227.85 million.
As is usual, I went searching for the first hand source, and came up with a thousand reprints of the press release. So when I finally found the website, I thought I would share it with you.
- Website Address: http://www.tourmalineoil.com/
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