Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") is pleased to announce that, in connection with the previously announced bought deal offering of common shares (the "Common Shares"), the Corporation and the 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") have agreed to increase the size of the Common Share offering to an aggregate of 4,587,000 Common Shares at an issue price of $12.00 per Common Share (the "Offering Price") for aggregate gross proceeds of $55,044,000 (the "Offering").

Download the Full Report: PPY Press Release - November 13, 2014

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