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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Equity Offering question?

Equity Offering question?

posted on May 19, 2009 02:14PM

http://www.connacheroil.com/document...

....The Offering will be priced in the context of the market with the final terms of the Offering to be determined at the time of pricing.....


With all the other equity offerings over the last four years, why does Connacher not see fit, for this particular equity offering, to have the share $ value and total estimated proceeds of offering squared away before making the news of the offering public?

If memory serves me correctly, we've always had the total number of shares that are on offer, plus the over allotment portion, as well as total proceeds.

Why not this time?




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May 19, 2009 02:26PM
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