Article: BlackWatch Energy reports USD75m equity finance agreement.

International Resource News-25 August 2009-BlackWatch Energy reports USD75m equity finance agreement(C)2009 ENPublishing - http://www.enpublishing.co.uk

International Resource News - 25 August 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Canada-based BlackWatch Energy Services Corporation (Blackwatch)(TSX: BWT), a company that provides diversified energy services primarily in the western Canada sedimentary basin, has entered into an equity financing agreement (the offering) with the intention of raising gross proceeds of USD75m.

The offering is to be on a 'bought deal' basis through which Blackwatch will issue 75 ...

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