Spartan Energy Corp. Announces Exercise of Over-Allotment Option, Completion of $149.5 Million Equity Financing and Updated Corporate Presentation

CALGARY, ALBERTA--(Marketwired - Jun 17, 2014) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX VENTURE:SPE) is pleased to announce that it has closed its previously announced bought-deal financing of 39,870,500 common shares ("Common Shares"), which includes the exercise in full of the over-allotment option of 5,200,500 Common Shares, at a price of $3.75 per Common Share for gross proceeds of approximately $149.5 million (the "Financing"). The syndicate of underwriters was co-led by Peters & Co. Limited, Clarus Securities Inc. and GMP Securities L.P., and included TD Securities Inc., Dundee Securities Ltd., Desjardins Securities Inc., FirstEnergy Capital Corp., AltaCorp Capital Inc., Macquarie Capital Markets Canada Ltd., National Bank Financial Inc., Paradigm Capital Inc. and Scotia Capital Inc.

Corporate Website and Presentation

Spartan is also pleased to announce that it has launched a new website at www.spartanenergy.ca. Spartan's updated corporate presentation is available on the website.

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