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15 June 20221 minute read

DLA Piper Canada acted for the underwriters in $75 million bought deal offering ‎for Saturn Oil & Gas

DLA Piper (Canada) LLP acted for the underwriters, Canaccord Genuity Corp., Eight Capital, and Echelon Capital Markets Inc., (co-lead underwriter‎s) and including Beacon Securities Limited and Velocity Trade Capital, ‎in ‎a $75 million bought deal offering for Saturn Oil & Gas Inc. ‎The transaction closed on June 8, 2022.

Saturn Oil & Gas is a growing Canadian energy company focused on generating positive shareholder returns through the ‎continued responsible development of high-quality, light oil weighted assets,‎ supported by an acquisition strategy that targets highly accretive, complementary opportunities.‎ 

Read more about this transaction here.

The DLA Piper team on this transaction included Trevor Wong-Chor, Graham Norris, Jonathan Brown, Amanda Vogeli and Kevin Nelson.