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To: Goose94 who wrote (15158)	12/16/2015 11:01:21 AM
From: Goose94	Respond to of 203655

Raging River Exploration (RRX-T) trading opportunity?

To: Goose94 who wrote (15158)	2/17/2016 10:54:54 AM
From: Goose94	Read Replies (2) \| Respond to of 203655

Raging River Exploration (RRX-T) Announces Increase to Bought Deal Equity Financing to $95.2 Million Feb 17, '16 - NR Raging River Exploration is pleased to announce that in connection with its previously announced bought-deal financing, Raging River and the syndicate of underwriters led by FirstEnergy Capital Corp. have agreed to increase the size of the financing. Raging River will now issue 11,000,000 common shares ("Common Shares") at a price of $8.65 per Common Share for gross proceeds of $95,150,000 (the "Offering"). The underwriters will have an option to purchase up to an additional 1,500,000 Common Shares at a price of $8.65 per Common Share to cover over-allotments, exercisable in whole or in part at any time until 30 days after the closing date. The maximum gross proceeds that could be raised under the Offering is approximately $108.1 million should the over-allotment option be exercised in full. The net proceeds from the Offering will be initially used to temporarily reduce indebtedness, partially fund the Company's 2016 capital expenditure program and for general corporate purposes. The Offering will be completed by way of short form prospectus in certain provinces of Canada, except Quebec and on a private placement basis in the United States pursuant to exemptions from the registration requirements of the U.S. Securities Act of 1933, as amended. The Offering is subject to normal regulatory approvals and is expected to close on or about March 9, 2016. Raging River Exploration Inc. Mr. Neil Roszell, P. Eng. President and Chief Executive Officer 403-387-2951 403-767-1250 Raging River Exploration Inc. Mr. Jerry Sapieha, CA Vice President, Finance and Chief Financial Officer 403-387-2951 403-767-1265 www.rrexploration.com