09:58 AM EST - Madalena Energy Inc. : announced that it has entered into an agreement with Mackie Research Capital Corporation and RBC Capital Markets as co-lead underwriters and joint book-runners, on behalf of a syndicate of underwriters, whereby the Underwriters will purchase, on a bought-deal basis, 17,022,000 common shares, at $0.47 per Common Share, for aggregate gross proceeds to the Company of approximately $8,000,000. Madalena Energy Inc.
shares V.MVN are trading down $0.05 at $0.46.
