Share Info
Second Wave Petroleum Inc. is a well-capitalized junior energy company focused on exploration, development and acquisition of oil and natural gas resource plays in Western Canada, specifically at Judy Creek, Alberta.
| As of June 30, 2010 | |
| Basic Shares Outstanding (1) | 70.9 mm |
| Stock Options (weighted average price $1.83) | 5.8 mm |
| Warrants (price of $1.20) (2) | 3.3 mm |
(1) On July 20, 2010, the Company closed an equity financing of 6,670,000 common shares at $3.00 per share and 2,000,000 flow-through common shares at $3.55 per share for gross proceeds of $27,110,000.
(2) On August 26, 2010 the Company forced conversion of the $4,000,000 convertible debenture. As a result of the conversion, the Company issued 3,333,333 common shares of the Company to settle the debenture.
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