Report of Foreign Issuer (6-k)
May 11 2016 - 6:07AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report of Foreign Issuer
pursuant to Rule 13-a-16 or 15d-16
of the Securities Exchange
Act of 1934
FOR THE MONTH
OF May 2016
FORM 6-K
COMMISSION FILE NUMBER
1-15150
The Dome Tower
Suite
3000, 333 - 7th Avenue S.W.
Calgary, Alberta
Canada T2P 2Z1
(403) 298-2200
Indicate by check mark whether
the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Indicate by check mark if
the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)
Indicate by check mark
if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)
Indicate by check mark
whether, by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the securities Exchange Act of 1934.
EXHIBIT
INDEX
EXHIBIT 99.1 - |
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News Release
Dated May 10, 2016 - Enerplus Announces C$200 million Bought Deal Financing |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
ENERPLUS CORPORATION
BY: |
/s/ |
David A. McCoy |
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David A. McCoy |
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Vice President, General Counsel & Corporate Secretary |
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DATE: May 10,
2016
Exhibit 99.1
NEWS RELEASE
Not for distribution to U.S. news wire services or dissemination
in the United States.
May 10, 2016
Enerplus Announces C$200 million Bought Deal Financing
CALGARY, Alberta – Enerplus Corporation
(“Enerplus” or the “Company”) (TSX: ERF, NYSE: ERF) has entered into an agreement with a syndicate of underwriters
led by BMO Capital Markets, RBC Capital Markets and TD Securities Inc., under which the underwriters have agreed to buy on a bought
deal basis 29,000,000 common shares of the Company (the “Common Shares”) at a price of C$6.90 per Common Share for
gross proceeds of C$200,100,000 (the “Offering”). The Company has granted the Underwriters an option, exercisable at
the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering
to cover over-allotments, if any and for market stabilization purposes. The Offering is expected to close on May 31, 2016 and is
subject to Enerplus receiving all necessary regulatory and stock exchange approvals, and other customary conditions to closing.
The net proceeds from the Offering will
be used to reduce indebtedness under the Company's bank credit facility, to fund its capital expenditures and for general corporate
purposes.
The Common Shares will be offered by
way of a short form prospectus in all of the provinces and territories of Canada and may also be offered by way of private placement
in the United States.
The securities offered have not been
registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful.
Additional corporate information can
be found in our website at www.enerplus.com or on www.sedar.com.
Forward Looking Statements
Except for the historical and present factual
information contained herein, the matters set forth in this news release, including words such as “expects”, “projects”,
“plans” and similar expressions, are forward-looking information that represents management of Enerplus’ internal
projections, expectations or beliefs concerning, among other things, the completion of the Offering, including timing thereof and
use of net proceeds therefrom. The forward-looking statements contained in this news release are based on certain assumptions,
which management of Enerplus considers reasonable, and include, among others, expectation that the Offering will be completed,
substantially on terms and within the timeframe described herein. The forward-looking statements contained in this news release
necessarily involve known and unknown risks and uncertainties, which may cause Enerplus’ actual performance and financial
results in future periods to differ materially from any projections of future performance or results expressed or implied by such
forward-looking statements. These risks and uncertainties include, among other things, Enerplus' failure to complete the Offering,
on the terms and within the timeframe described herein or at all, and those described in Enerplus’ filings with the Canadian
and U.S. securities authorities. Accordingly, holders of Enerplus shares and potential investors are cautioned that events or circumstances
could cause results to differ materially from those predicted.
About Us
Enerplus Corporation is a responsible
developer of high quality crude oil and natural gas assets in Canada and the United States, focused on providing both growth and
income to its shareholders.
For further information, please contact:
Ian C. Dundas
President & Chief Executive Officer
Main Phone: (403) 298 2200
Or
Investor Relations
Phone: 1 800 319-6462
Email: investorrelations@enerplus.com
This regulatory filing also includes additional resources:
ex991.pdf
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