$CEI.V

Earnings Flash (CEI.V) Coelacanth Energy Posts Q1 Per Share Basic and Diluted $0.01 Vs Loss of $0.01 a Year Earlier

Earnings Flash (CEI.V) Coelacanth Energy Reports Q1 Oil and Nat Gas Sales C$22.2M, Up 731% YoY

Coelacanth Energy Completes its $80 Million Bought-Deal Financing

Coelacanth Energy (CEI.V) on Wednesday closed a bought-deal share financing that raised $80 million.The company sold underwriters 97.56-million priced at $0.82 each.Proceeds are earmarked for exploration and development of its projects in the Montney Two Rivers area in British Columbia and for working capital and general corporate purposes.The company's shares were last seen down $0.01 to $0.84 on the TSX Venture Exchange.Price: $0.84, Change: $-0.01, Percent Change: -1.18%

Coelacanth Energy Upsizes Bought-Deal Financing to $80 Million

Coelacanth Energy (CEI.V) on Friday said it is upsizing a bought-deal share offering to $80 million from $60 million.The company will now sell underwriters 97.6-million shares priced at $0.82 apiece. The offering is no longer subject to an over-allotment option.Proceeds from the offering will be used for exploration and development of its projects in the Montney and Two River areas in British Columbia and for working capital and general corporate needs. The offering is anticipated to close on or about May 6, and is subject to certain conditions.Shares of the company were last seen down $0.04 to $0.82 on the TSX Venture Exchange.Price: $0.82, Change: $-0.04, Percent Change: -4.65%

Coelacanth Energy Raising C$60 million in a Bought-Deal Share Offering

Coelacanth Energy (CEI.V) after trade Thursday said it is raising C$60 million in a bought-deal offering of shares.The company is selling a syndicate of underwriters 73.17-million shares at a price of C$0.82 each.In addition, the company agreed to grant the Underwriters an over-allotment option to purchase up to an additional number of shares equal to 15% of the shares sold. If exercised in full, this would result in additional gross proceeds to the company of approximately C$9.0 million.The company said it intends to use the net proceeds from the offering, including any net proceeds received in connection with the exercise of the over-allotment option, for exploration and development of its projects in the Montney and Two River areas in British Columbia and for working capital and general corporate purposes.The offering is anticipated to close on or about May 6, 2026 and is subject to certain conditions.The company's shares closed down $0.04 to $0.86 on the TSX Venture Exchange.