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Criterium Energy Announces Upsized C$18.9 Million Financing in Connection with Transformative Acquisition of Mont D'Or Petroleum Ltd., Led by a Strategic Investor

Summary by Ground News
Criterium Energy Ltd. is pleased to announce that, due to strong investor demand, it is increasing the size of its financing for aggregate gross proceeds of approximately C$18.9 million. The increased size of the financing consists of: an underwritten offering of 60,910,000 equity subscription receipts of the Company (the "Equity Subscription Receipts") and a convertible loan in the principal amount of C$12.2 million.
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News File Corp broke the news in on Thursday, October 5, 2023.
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