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Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") reports that it has closed the previously announced private company ("PrivateCo") acquisition.
Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") reports that it has today entered into two definitive agreements, one for the acquisition of a private company, and the other for the acquisition of plant and gathering infrastructure. Both acquisitions are located in Journey's Central Core Region.
Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF ) ("Journey" or the "Company") is pleased to announce it has closed the bought deal flow-through share financing that was previously announced on February 28, 2022. The full 15% over-allotment was exercised bringing the total equity issuance to 2,852,000 flow-through common shares at a price of $4.25 per share for total gross proceeds of $12,121,000. Acumen Capital Finance Partners Limited acted as the sole underwriter for the offering.