DeeThree Exploration Ltd.

TSX : DTX
OTCQX : DTHRF


DeeThree Exploration Ltd.

December 06, 2013 09:15 ET

DeeThree Exploration Announces Completion of $35 Million Prospectus Offering

CALGARY, ALBERTA--(Marketwired - Dec. 6, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

DeeThree Exploration Ltd. (TSX:DTX)(OTCQX:DTHRF) ("DeeThree" or the "Corporation") is pleased to announce that it has completed its previously announced short form prospectus offering (the "Offering"), raising gross proceeds of $35,150,000.

The Offering was led by Raymond James Ltd. (book runner), Macquarie Capital Markets Canada Ltd. and Cormark Securities Inc. and included a syndicate of underwriters consisting of Dundee Securities Ltd., TD Securities Inc., GMP Securities L.P., National Bank Financial Inc., CIBC World Markets Inc. and Casimir Capital Ltd. A total of 3,800,000 common shares of the Corporation were issued pursuant to the Offering.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained herein constitute forward-looking statements. We believe the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon. The forward-looking statements included in this press release are made as of the date of this press release and DeeThree disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Contact Information

  • DeeThree Exploration Ltd.
    Martin Cheyne
    President and Chief Executive Officer
    (403) 263-9130