Morgan Stanley and Evercore ISI will serve as co-lead book-running managers for a syndicate of underwriters, including BMO Capital Markets, as a book-running manager, for the proposed Offering.
The Company intends to use the net proceeds from the Offering to fund capital expenditures at the South West Arkansas Project and the Franklin Project in East Texas (each, as defined in the Prospectus Supplement (defined below)), and for working capital and for general corporate purposes.
In connection with the Offering, the Company filed, with the securities commissions in all of the provinces and territories of Canada other than Quebec, a preliminary prospectus supplement (the "Prospectus Supplement") to the Company's existing base shelf prospectus (the "Base Shelf Prospectus") filed with the securities commissions in each of the provinces and territories of Canada, and filed a preliminary prospectus supplement in the United States (the "U.S. Prospectus Supplement", together with the Prospectus Supplement, the "Prospectus Supplements") to the Company's existing base shelf prospectus (the "U.S. Base Shelf Prospectus", together with the Base Shelf Prospectus, the "Base Shelf Prospectuses") forming part of an effective registration statement on Form F-10 (File No. 333-289110) (the "Registration Statement") filed with the U.S. Securities and Exchange Commission ("SEC") under the U.S./Canada Multijurisdictional Disclosure System.
The Offering is being made in the United States and in each of the provinces and territories of Canada, except Quebec. The Prospectus Supplements, the Base Shelf Prospectuses and the Registration Statement contain important information about the Company and the proposed Offering. Prospective investors should read the Prospectus Supplements, the Base Shelf Prospectuses and the Registration Statement and the documents incorporated by reference therein before making an investment decision. The Prospectus Supplement (together with the related Base Shelf Prospectus) is available on SEDAR+ at www.sedarplus.ca. The U.S. Prospectus Supplement ...