Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Enterprise Group Announces Upsize to Previously Announced Bought Deal Financing

Newswire.ca - Wed Nov 27, 2024

ST. ALBERT, AB, Nov. 27, 2024 /CNW/ - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise Group"), a consolidator of services to the energy sector that is focused primarily on specialized equipment rental is pleased to announce that it has entered into an amended agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and Raymond James Ltd. (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 13,157,900 common shares of the Company ("Offered Shares") at a price of $1.90 per Offered Share (the "Issue Price") for gross proceeds to the Company of approximately $25.0 million (the "Offering").

Read more at newswire.ca