NVA NuVista Energy Ltd

NuVista Energy Ltd.  (TSX:NVA) ("NuVista") is pleased to announce that it has
closed its previously announced private placement and public offering of an
aggregate of 5,129,000 common shares issued on a "flow-through" basis pursuant
to the Income Tax Act (Canada) for gross proceeds of approximately $39.7
million.


NuVista has completed a public offering of 3,200,000 common shares issued on a
"flow-through" basis in respect of Canadian exploration expense ("CEE Shares")
through a syndicate of underwriters co-led by Peters & Co. Limited and RBC
Capital Markets Corp. and including CIBC World Markets Inc., FirstEnergy Capital
Corp., Scotia Capital Inc., BMO Capital Markets and TD Securities Inc.
(collectively, the "Underwriters") at a price of $8.00 per CEE Share for gross
proceeds of $25.6 million.


In addition, on October 28, 2013 NuVista issued, on a private placement basis,
254,000 CEE Shares at a price of $8.00 per CEE Share and 1,675,000 common shares
issued on a "flow-through" basis with respect to Canadian development expense
(the "CDE Shares") at a price of $7.20 per CDE Share for aggregate gross
proceeds of approximately $14.1 million. 


INVESTOR INFORMATION

NuVista is an independent Canadian oil and natural gas exploration, development
and production company with its Common Shares trading on the Toronto Stock
Exchange under the symbol "NVA".


FOR FURTHER INFORMATION PLEASE CONTACT: 
NuVista Energy Ltd.
Jonathan Wright
President and CEO
(403) 538-8501


NuVista Energy Ltd.
Robert F. Froese
VP, Finance and CFO
(403) 538-8530

NuVista Energy (TSX:NVA)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024

NuVista Energy (TSX:NVA)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024