CALGARY, AB, Oct. 3, 2024 /CNW/ - Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce the closing of its previously announced upsized bought-deal private placement financing of 68,494,000 common shares of Logan ("Common Shares") at a price of $0.73 per Common Share for gross proceeds of approximately $50.0 million (the "Equity Offering"), which was led by National Bank Financial Inc. as sole bookrunner and as co-lead underwriter together with Eight Capital.
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