11:45 AM EST - Hemisphere Energy Corporation : announced that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and including Dundee Securities Ltd., Industrial Alliance Securities Inc., Integral Wealth Securities Ltd. and PI Financial Corp., which have agreed to purchase, on a bought deal basis, 13,333,500 common shares of the Company at a price of $0.75 per Common Share, for aggregate gross proceeds to $10,000,125. Hemisphere Energy Corporation
shares V.HME are trading down $0.08 at $0.75.