Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. and including FirstEnergy Capital Corp., Canaccord Genuity Corp., RBC Capital Markets, TD Securities Inc., AltaCorp Capital Inc., CIBC World Markets Inc., Scotia Capital Inc. and National Bank Financial Inc.(collectively the "Underwriters") under which the Underwriters have agreed to purchase for resale to the public, on a bought deal basis, 4,170,000 common shares ("Common Shares") at $12.00 per Common Share (the "Offering Price") for aggregate gross proceeds of $50,040,000 (the "Offering").

Download the Full Report: PPY Press Release - November 12, 2014

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