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GTE Gran Tierra Energy Inc.

495.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gran Tierra Energy Inc. LSE:GTE London Ordinary Share COM STK USD0.001 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 495.00 490.00 500.00 495.00 495.00 495.00 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 711.39M 139.03M 4.3114 1.66 230.88M

Gran Tierra Energy Inc. Announces Closing Of $300 Million 7.750% Senior Notes Offering

23/05/2019 10:15pm

UK Regulatory


 
TIDMGTE 
 
   CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) -- Gran Tierra Energy 
Inc. ("Gran Tierra") (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today 
announced that it has completed its previously announced offering of 
$300 million aggregate principal amount of 7.750% Senior Notes due 2027 
(the "Notes") in a private placement to qualified institutional buyers 
in the United States pursuant to Rule 144A under the Securities Act of 
1933, as amended (the "Securities Act"), to non-U.S. persons in 
transactions outside the United States pursuant to Regulation S under 
the Securities Act and pursuant to certain prospectus exemptions in 
Canada. 
 
   This press release is neither an offer to sell nor a solicitation of an 
offer to buy the Notes, nor shall there be any sale of these securities 
in any state or jurisdiction in which such an offer, solicitation or 
sale would be unlawful prior to the registration or qualification under 
the securities laws of any such state or jurisdiction. 
 
   The Notes have not been registered under the Securities Act, or the 
securities laws of any other jurisdiction, and may not be offered or 
sold in the United States absent registration or an applicable exemption 
from registration requirements. The offering is being made exclusively 
to qualified institutional buyers in the United States pursuant to Rule 
144A under the Securities Act, to non-U.S. persons in transactions 
outside the United States pursuant to Regulation S under the Securities 
Act and pursuant to certain prospectus exemptions in Canada. 
 
   Forward-Looking Statements 
 
   This press release contains "forward-looking statements" within the 
meaning of the Private Securities Litigation Reform Act of 1995, Section 
27A of the Securities Act of 1933, as amended, and Section 21E of the 
Securities Exchange Act of 1934, as amended, including statements 
related to Gran Tierra's expectations regarding the use of proceeds of 
the proposed offering. Any statements contained in this press release 
that are not statements of historical fact may be deemed to be 
forward-looking statements. Words such as "will," "intends" and similar 
expressions are intended to identify these forward-looking statements. 
There are a number of important factors that could cause Gran Tierra's 
results to differ materially from those indicated by these 
forward-looking statements. Additional risks and uncertainties relating 
to Gran Tierra and its business can be found under the heading "Risk 
Factors" in Gran Tierra's filings with the Securities and Exchange 
Commission, including its annual report on Form 10-K for the year ended 
December 31, 2018, as amended, and its other filings with the Securities 
and Exchange Commission. Unless required by applicable law, Gran Tierra 
undertakes no obligation to update or revise any such forward-looking 
statements, whether as a result of new information, future events or 
otherwise. 
 
   Contact Information 
 
   For investor and media inquiries please contact: 
 
   Gary Guidry 
 
   Chief Executive Officer 
 
   Ryan Ellson 
 
   Chief Financial Officer 
 
   Rodger Trimble 
 
   Vice President, Investor Relations 
 
   +1-403-265-3221 
 
   info@grantierra.com 
 
 
 
 

(END) Dow Jones Newswires

May 23, 2019 17:15 ET (21:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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