IKN

Take physic, pomp

Today’s most interesting financing

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

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