11:51 AM EST - Midway Energy Ltd. : announced that it has signed a purchase and sale agreement to acquire additional Cardium lands and production in the Garrington area of Alberta and has entered into an agreement with a syndicate of underwriters for a bought deal private placement of units for gross proceeds of $21,000,000. Midway Energy Ltd.
shares T.MEL are trading up $0.15 at $3.81.