STEP Energy Services (TSX: STEP) closed bought deal equity financing of 6,055,000 subscription receipts at $9.30 for gross proceeds of $56,311,500 CIBC Capital Markets and Peters & Co. co-led the offering
Valeura Energy (TSX: VLE) closed public offering of common shares for gross proceeds of $60,003,900. The syndicate of underwriters was led by GMP FirstEnergy and including Cormark Securities Inc.
Trakopolis IoT (TSX-V:TRAK) entered into US $3.5M secured credit facility with Silicon Valley Bank (SVB), consisting of a 36-month term loan of $1.5M and an accounts receivable line of credit of up to $2M
Mullen Group Ltd. (TSX: MTL) acquired Mississauga, Ontario based DWS Logistics Inc., a privately owned third party logistics provider
Snow Eagle Resources Ltd. (NEX: SEG.H)/CannaTest Photonics Ltd. closed brokered private placement, issuing 14,444,444 units at $0.45 for total gross proceeds of $6.5 million
APAC Resources Inc. (CSE: APG) and XORTX Pharma Corp. completed reverse take-over and acquisition by APAC of XORTX. Resulting company, XORTX Therapeutics Inc., to trade on CSE
TransCanada Corporation (TSX/NYSE: TRP) entered into an agreement to sell its outstanding U.S. retail power contracts to EDF Energy Services, LLC for undisclosed amount.
Melcor REIT (TSX: MR.UN) closed offering of 2,035,500 subscription receipts at $8.50 for gross proceeds of $17.3 million and $23.0 million aggregate principal amount of 5.25% extendible convertible unsecured subordinated debentures
Emerald Bay Energy Inc. (TSX-V: EBY) closed first tranche of private placement, issuing 16,666,667 units to two subscribers at $0.015 per unit for gross proceeds of $250,000.