Cormark acted as Management’s Financial Advisor in their initial recapitalization of Western Energy Services Corp
Cormark acted as Management’s Financial Advisor in their initial recapitalization of Western Energy Services Corp
1 Pages21% 14% 11% 8% 8% 38% Sales & Trading Research Coverage Supporting Our Clients: An Integrated Approach • Cormark initiated research coverage on March 25, 2010 with a “Buy” rating and a $8.00 target price (1) • Western is consistently rated a “Buy” or “Top Pick” throughout Cormark’s 28 additional research reports • Cormark is a dominant trader of Western since the recapitalization transaction and has taken a leadership role in marketing the company to institutional investors • Since December 2009 Cormark has marketed the company visiting 15 cities on 5 separate occasions arranging over 84 meetings • Cormark was the joint bookrunner on Western’s two follow-on equity offerings in 2010 and 2011 totaling over $161 million • Cormark helped the company strategically raise capi
