Cathedral Energy Services Ltd Stock (OTC: CETEF)

Latest news for Cathedral Energy Services Ltd (OTC:CETEF) Stock

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Cathedral Energy Services Closes Bought Deal Equity Financing

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Stocks That Hit 52-Week Lows On Monday

Cathedral Energy Services Ltd

Cathedral Energy Services: Still Cheap Despite Impressive Acquisitive Growth

Cathedral Energy Services GAAP EPS of C$0.01, revenue of C$115M

Cathedral Energy Services GAAP EPS of $0.02, revenue of $145.6M

Cathedral Energy Services GAAP EPS of C$0.02, revenue of C$145.6M

Cathedral Energy Services GAAP EPS of C$0.01, revenue of C$145.4M

Cathedral Energy Services GAAP EPS of C$0.04, revenue of C$165M

Cathedral Energy Services

<ul>
	<li><strong>Cathedral Energy Services Ltd</strong>&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/CET#TSX">CET</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/CETEF#OTC">CETEF</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/22/04/n26785551/cathedral-energy-services-closes-26-4-million-upsized-bought-deal-equity-financing-including-exerc" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">closed its previously announced &quot;bought deal&quot;</a>&nbsp;short form prospectus offering.</li>
	<li>The company issued an aggregate of 37.78 million units for C$0.70 per unit for aggregate gross proceeds of C$26.45 million.</li>
	<li>Each unit comprises one common share and one-half of one common share purchase warrant. Each Warrant will be exercisable to acquire one additional common share for 12 months following the closing at an exercise price of $0.85 per Warrant Share,</li>
	<li>Cathedral Energy plans to use the net proceeds for general corporate and working capital purposes, capital expenditures, and the repayment of approximately half of the term loan under its amended and restated credit agreement.&nbsp; &nbsp;</li>
	<li>Certain insiders of Cathedral have participated in the Offering and were issued 10.7 million units.</li>
	<li><strong>Price Action:</strong>&nbsp;CET shares are trading lower by 9.76% at C$0.74 on TSX, and CETEF is lower by 2.61% at $0.59 on the last check Monday.</li>
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Cathedral Energy Services Ltd

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Latest news for Cathedral Energy Services Ltd (OTC:CETEF) Stock

Monday, April 25, 2022

Monday, September 30, 2019