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Equity financing

CARDINAL ENERGY LTD. ANNOUNCES UPSIZE TO PREVIOUSLY ANNOUNCED EQUITY FINANCING TO $95.15 MILLION

Lane
Equity financing
Announced
29 Jan 2026
Province
Alberta
Industry
Energy — upstream
Status
Announced
What the filing says
Cardinal Energy Ltd. (" Cardinal " or the " Company ") (TSX: CJ ) is pleased to announce that, as a result of strong demand, it has agreed with the syndicate of underwriters (the " Underwriters ") co-led by RBC Capital Markets and CIBC Capital Markets, acting as joint-bookrunners, to increase the size of its previously announced bought deal equity financing from $86.5 million to $95.15 million (the " Upsized Offering ").
Terms stated
price per security
Source

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