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14.06.2024
CALGARY, ALBERTA – June 14, 2024 - Saturn Oil & Gas Inc. (TSX: SOIL)(FSE: SMKA)(OTCQX: OILSF)("Saturn") or the "Company") today announced the completion of the previously announced acquisition of oil-weighted assets in Southern Saskatchewan (the "Acquisition").  The net cash purchase price of the Acquisition was funded by proceeds of the recently closed 9.625% high yield note (“Note”) offering, together with the proceeds of the recently closed $100 million bought deal subscription receipt (the "Subscription Receipts") financing.  In addition, the Company has repaid and retired the entire principal amount ... [ more ]