ShaMaran Petroleum Corp announces closing of US $30.15 million rights offering

Fasken acted as Canadian counsel to Shamaran Petroleum Corp., a Canadian oil and gas company listed on the TSX Venture Exchange and the Nasdaq First North Growth Markets (Sweden), in connection with its rights offering in Canada, raising total gross proceeds of approximately US $30.15 million.

The team was led by Jodi Katz and consisted of Abayomi Akinjide (Capital Markets), Martin Ferreira Pinho (Capital Markets), Lucinda Patrick-Patel (Corporate), Perry Feldman (Securities), Aman Marwaha (Securities), Zaira Petruf (Capital Markets), Sébastien Bellefleur (Securities), Janie Harbec (Securities), Tracy Lowe (Capital Markets), Josyane Hinse (Legal translation services), 
Magali Brazier  (Legal translation services), and Laurence Mastromatteo (Legal translation services).