InPlay Oil Corp. and Anderson Energy Inc. Announce Closing of "Bought Deal" Financing

InPlay Oil Corp. ("InPlay") and Anderson Energy Inc. ("Anderson") (TSX:AND) are pleased to announce the closing of InPlay's previously announced "bought deal" private placement financing for aggregate gross proceeds of approximately $70.3 million (the "InPlay Financing").

The InPlay Financing was co-led by Dundee Capital Markets, Canaccord Genuity Corp. and CIBC Capital Markets, and included as syndicate members GMP FirstEnergy, RBC Capital Markets, National Bank Financial Inc., Cormark Securities Inc. and Haywood Securities.

Details of the InPlay Financing and the related business combination transaction (the "Arrangement") among InPlay and Anderson were provided in the joint press release of InPlay and Anderson dated September 19, 2016.