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Galleon Announces $40 Million Financing
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CALGARY, ALBERTA--(CCNMatthews - Oct. 20, 2006) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
Galleon Energy Inc. ("Galleon")(TSX:GO.A)(TSX:GO.B) announces that
it has entered into a financing agreement with an underwriting
syndicate led by GMP Securities L.P., and including Sprott Securities
Inc., Scotia Capital Inc., TD Securities Inc., FirstEnergy Capital
Corp., and Maison Placements Canada Inc. to issue on a "bought deal
basis" 1,025,700 Class A shares ("Class A Shares") at $19.50 each and
800,000 Class A Shares on a flow through basis ...
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