NuVista Energy Ltd. Announces Closing of Equity Financings

CALGARY, ALBERTA -- (Marketwired) -- 04/29/15 -- NuVista Energy Ltd. ("NuVista") (TSX: NVA) is pleased to announce that it has closed its previously announced public offering of 11,465,000 common shares and 2,313,000 common shares issued on a "flow-through" basis pursuant to the Tax Act (Canada) ("Flow-Through Shares") through a syndicate of underwriters co-led by RBC Capital Markets and Peters & Co. Limited and including CIBC World Markets Inc., Scotia Capital Inc., FirstEnergy Capital Corp., TD Securities Inc., BMO Capital Markets and National Bank Financial Inc. at a price of $7.85 per common share and $8.65 per Flow-Through Share for aggregate gross proceeds of approximately $110 million.

In addition NuVista issued, on a private placement basis, 231,040 Flow-Through Shares at a price of $8.65 per Flow-Through Share for aggregate gross proceeds of approximately $2 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".

Contacts:
NuVista Energy Ltd.
Jonathan Wright
President and CEO
(403) 538-8501

NuVista Energy Ltd.
Ross Andreachuk
VP, Finance and CFO
(403) 538-8539

Source: NuVista Energy Ltd.

You May Also Be Interested In

• A New Time Asset Civilisation Movement Launches in London, Inspired by Tim Morgan's TIME AS PROOF
• MentionOS AI Launches an Autonomous AEO Agent That Analyzes What ChatGPT, Gemini, and Other LLMs Say About Brands, Then Helps Get Them Mentioned
• ZIMMERMANN Unveils its Fall 2026 Collection on Parisian Billboard