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Enerflex Ltd

Enerflex Ltd. has closed its public offering of 8,952,750 common shares at a price of $12.85 per share, which includes 1,167,750 common shares issued pursuant to the exercise in full of the overallotment option, for gross proceeds of approximately $115-million. The net proceeds of the offering will be used by the company to finance the balance of its 2016 and 2017 capital expenditure program, potential acquisitions that may be identified from time to time and for general working capital and corp … (See Research Report)
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