Seven Generations Energy, a Calgary based oil and gas company with a strong presence in the Grande Prairie area, is now being publicly traded on the Toronto Stock Exchange as of last week.
The company began trading Thursday at $18 a share, with it’s initial public offering raising $810 Million.
The company’s stock, which is trading under the symbol ‘VII’, has strengthened to around $22 a share.
Seven Generations says that the more than $800 Million cash infusion will go towards developing it’s energy holdings around Grande Prairie and northwest Alberta.