Southern Pacific is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by BMO Capital Markets, RBC Capital Markets, FirstEnergy Capital, and TD Securities, and including Raymond James, AltaCorp Capital and Canaccord Genuity to sell, on a "bought deal" basis, 51,725,000 common shares of the Corporation at a price of $1.45 per common share for gross proceeds of
[...]