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Cap-Link Ventures completes acquisition of Petrodorado and US$75 million brokered private placement

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Cap-Link Ventures

On December 22, 2009, Cap-Link Ventures Ltd. acquired Petrodorado Ltd. for the purchase price of $25 million through the issuance of Common Shares of Cap-Link. In conjunction with the acquisition, Cap-Link completed an offering of subscription receipts for gross proceeds of $75 million, through a syndicate of underwriters led by Canaccord Capital Corporation, including Genuity Capital Markets, Macquarie Capital Markets Canada Inc. and Raymond James Ltd. Cap-Link, through its wholly-owned subsidiary Petrodorado, is a Canadian-based international junior energy company with exploration operations in South America, with an initial focus on Columbia, Peru and Paraguay. Cap-Link was represented by Fasken Martineau with a team led by Iain Mant and including Benjamin Lee and Chelsea Bushfield.


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