10:01 AM EST - Bellatrix Exploration Ltd. : Has entered into an agreement with Canaccord Genuity Corp., pursuant to which Canaccord has agreed to purchase on a bought deal basis 8,474,576 common shares of Bellatrix, which will be issued on a private placement "flow-through" basis in respect of Canadian Development Expenses at a price of $1.18 per share resulting in gross proceeds of $10 million. The Private Placement is expected to close on or about October 27. Bellatrix Exploration Ltd.
shares T.BXE are trading down $0.01 at $1.12.