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Surge Energy's completes initial public offering of convertible debentures for C$48.3M

Date Closed

October 19, 2023

Lead Office



48.30 Million CAD

On October 19, 2023, Surge Energy Inc. ("Surge Energy") completed a public offering of an aggregate principal amount of $48.3 million of convertible unsecured subordinated debentures.

Surge Energy is an oil focused E&P company that has crude oil reserve, production and cash flow base.

McCarthy Tétrault assisted Surge Energy with a team led by Michael Bennett hat included Ashley Wilson and Simran Choongh (Corporate finance); James Scott Lee and Rhea Evans (financial services), Matthew Kraemer and Dean Xiao (Tax).