|Bid||2.6100 x 0|
|Ask||2.6200 x 0|
|Day's Range||2.5700 - 2.7000|
|52 Week Range||0.6800 - 2.8300|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.49|
Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack's unaudited condensed consolidated interim financial statements for the three months ended March 31, 2021 and related management's discussion and analysis ("MD&A") which are available on SEDAR at www.sedar.com and on Tamarack's website at www.tamarackvalley.ca.
Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) announces it has received written consents from shareholders holding a majority of the issued and outstanding common shares of Tamarack ("Tamarack Shares") approving the Company's previously announced acquisition of Anegada Oil Corp. ("Anegada"), a privately held pure play Charlie Lake light-oil producer (the "Acquisition").
Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) is pleased to announce that, further to its recently completed bought deal equity financing of common shares of Tamarack ("Common Shares") at a price of $2.25 per Common Share, the over-allotment option granted to the underwriters has been exercised in full, resulting in the issuance of 3,030,300 Common Shares on April 15, 2021 for gross proceeds of $6,818,175. The syndicate of underwriters was led by National Bank Financial Inc. and Peters & Co. Limited and included Stifel Nicolaus Canada Inc., CIBC World Markets Inc., Eight Capital, Desjardins Securities Inc., ATB Capital Markets Inc., BMO Nesbitt Burns Inc. and Raymond James Ltd.