Excelsior Energy (ELE.v) is the name and it’s run a double financing, with some straight share+double warrant units and the second tranche a combo of share+flow through+double warrant. And hey, after that flurry of action late April, those warrants are already close to in da munneh…….nice work if you can get it, right?
Now I’m no real follower of the energy sector but when checking out the names on this deal today I had quite a few of those ‘O RLY?’ moments so by way of sharing the lurve here are the two lists as seen, pasted below. Consider it a headsup.
EXCELSIOR ENERGY LIMITED ("ELE") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 16, April 29, May 7, May 21, and June 14, 2010: Number of Shares: 41,666,667 Units (Each Unit consists of one common share, one flow-through share, and two share purchase warrants.) 27,777,778 shares Purchase Price: $0.36 per Unit $0.18 per share Warrants: 83,333,334 share purchase warrants to purchase 83,333,334 shares Warrant Exercise Price: $0.30 for period of 36 months from the date of issuance Number of Placees: 144 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Verne Johnson Y 944,444 Units Postell Energy Co. Ltd. (Jeffrey Scott) Y 850,000 Units Jeffrey Scott Y 1,381,250 Units Wexford Catalyst Trading Limited Y 1,250,000 Units 462,963 shares Wexford Spectrum Trading Limited Y 5,000,000 Units 1,851,851 shares Fareed Ahamed P 73,194 Units Delia Barbosa P 30,556 Units Peter M. Brown P 165,278 Units Daniel Cristall P 531,250 Units Matthew Gaasenbeek P 118,056 Units Frank Giustra P 7,083,333 Units Justin Oliver P 85,000 Units Harry Pokrandt P 184,167 Units Graham Saunders P 118,056 Units Mike Siggs P 35,417 Units Peninsula Merchant Syndications Corp. P 5,833,333 Units Tom English P 47,222 Units Philip Heinrich P 28,000 Units Marta Stevenson P 810,185 Units Rafi Khouri P 57,870 Units David Lyall P 236,111 Units Robert Sali P 493,473 Units 1,388,889 shares Tumer Bahcheli P 111,100 Units 278,000 shares Christina Chow Skolaude P 57,870 Units David Jung P 115,741 Units Wellington Management Company LLP P 13,888,889 shares Finder's Fee: $400,000 payable to Raymond James Ltd. TSX-X --------------------------------- EXCELSIOR ENERGY LIMITED ("ELE") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: August 4, 2010 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 13, May 21, and June 14, 2010: Number of Shares: 10,416,667 Units (Each Unit consists of one common share, one flow-through share, and two share purchase warrants.) 4,166,667 shares Purchase Price: $0.48 per Unit $0.24 per share Warrants: 20,832,334 share purchase warrants to purchase 20,832,334 shares Warrant Exercise Price: $0.32 for period of 5 years from the date of issuance Number of Placees: 144 placees Insider/Pro Group Participation: Insider equals Y/ Name ProGroup equals P/ No. of Shares Robert B. Bailey Y 150,000 Units Ecumsecum Energy Ltd. (Cliff Jeffrey) Y 312,500 Units David Fuchs Y 208,334 Units Richard Grafton Y 500,000 Units James B. Howe Y 291,666 Units Verne Johnson Y 125,000 Units Mary Kennedy Y 287,500 Units Postell Energy Co. Ltd. (Jeffrey Scott) Y 112,500 Units Jeffrey Scott Y 182,813 Units Harley L. Winger Y 333,334 Units Wexford Catalyst Trading Limited Y 312,400 Units 69,444 shares Wexford Spectrum Trading Limited Y 1,249,600 Units 277,778 shares Fareed Ahamed P 9,688 Units Peter M. Brown P 21,875 Units Daniel Cristall P 70,313 Units Matthew Gaasenbeek P 15,625 Units Enrico Giustra P 52,084 Units Frank Giustra P 1,875,000 Units Justin Oliver P 11,250 Units Harry Pokrandt P 24,375 Units Graham Saunders P 15,625 Units Mike Siggs P 4,687 Units Peninsula Merchant Syndications Corp. P 937,500 Units Tom English P 6,250 Units Philip Heinrich P 21,000 Units Marta Stevenson P 121,528 Units Rafi Khouri P 8,681 Units David Lyall P 31,250 Units Robert Sali P 273,646 Units 208,333 shares Tumer Bahcheli P 99,300 Units 208,000 shares Christina Chow Skolaude P 8,681 Units David Jung P 17,361 Units Wellington Management Company LLP P 2,083,333 shares Finder's Fee: $119,995.20 payable to Raymond James Ltd. TSX-X