Past year: ▼ 94%(15.0c – 2.52 USD)
Each one in plain English, with the numbers worked through for a shareholder.
3 Feb 2010capital raising announcement▼ BadMajor
Toreador exchanged $22.2 million of its 2005 convertible notes for $31.6 million of new, higher-rate (8%/7%) convertible notes plus $9.4 million cash to noteholders - an expensive restructuring that increased face debt to push out the obligation.
2 Jan 2008capital raising announcement● Neutral
Several preferred shareholders converted their holdings to common stock at $4.00 per share.
27 Apr 2007capital raising announcement▲ Good
Investors from the March private placement exercised warrants for $5.4 million in additional proceeds.
26 Mar 2007capital raising announcement▲ Good
The $45 million private placement closed, with investors also receiving exercisable warrants at $16.60 per share.
22 Mar 2007capital raising announcement▲ GoodMajor
Toreador agreed to raise $45 million selling 2.7 million shares at a discounted $16.60 to six institutional investors, plus warrants for another 489,000 shares.
3 Apr 2006capital raising announcement● Neutral
PHD Partners converted the remaining balance of the debenture, completing its full conversion to equity.
29 Mar 2006capital raising announcement● Neutral
PHD Partners converted another $33,750 of the debenture into 5,000 shares.
24 Mar 2006capital raising announcement● Neutral
PHD Partners converted a further $135,000 of the debenture into 20,000 more shares.
17 Feb 2006capital raising announcement● Neutral
Investor PHD Partners began converting Toreador's outstanding convertible debenture into stock, converting about $135,000 into 20,000 shares.
24 Jan 2006capital raising announcement● Neutral
Another legacy Madison Oil merger warrant was exercised for a small block of shares.
9 Jan 2006capital raising announcement● Neutral
Toreador issued restricted stock and a warrant to a consulting firm for services performed.
20 Dec 2005capital raising announcement● Neutral
A small warrant tied to a charitable gift to Georgetown University was exercised for 400 shares.
4 Nov 2005capital raising announcement● Neutral
Toreador raised an executive's salary and processed a small legacy warrant exercise.
6 Oct 2005capital raising announcement▲ Good
Buyers exercised their option on the remaining $11.25 million of convertible notes, bringing the September 2005 note offering to its full $86.25 million.
28 Sept 2005capital raising announcement▲ GoodMajor
Toreador issued $75 million of 5.00% Convertible Senior Notes due 2025, with a 30-day option for buyers to take an additional $11.25 million - a major capital raise to fund its international growth.
22 Sept 2005capital raising announcement▲ GoodMajor
Toreador raised about $25 million selling 806,450 shares to institutional investors at $31 per share.
What it means for a shareholder
806,450 new shares at $31.00 to raise about $25.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
1 Sept 2005capital raising announcement● Neutral
A legacy Madison Oil merger warrant was exercised for a small block of shares.
15 Aug 2005capital raising announcement● Neutral
Toreador drew $5 million under its Natexis revolving credit facility to fund Turkey operations.
13 July 2005capital raising announcement● Neutral
Toreador issued lender Natexis a warrant for 50,000 shares as part of the 2005 French credit facility terms.
24 Feb 2005capital raising announcement● Neutral
French government approval came through for the $15 million Natexis revolving credit facility agreed in December 2004, finalizing that credit line.
7 Feb 2005capital raising announcement● Neutral
An investor exercised a small warrant for 3,200 shares at $8.20 each.
What it means for a shareholder
3,200 new shares at $8.20 to raise about $26,240. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
21 Jan 2005capital raising announcement● Neutral
A further $3 million of the notes converted into about 366,000 shares.
20 Jan 2005capital raising announcement● Neutral
Another $2 million of the convertible notes converted into roughly 244,000 shares.
19 Jan 2005capital raising announcement● Neutral
A noteholder converted $2.5 million of the 2004 convertible notes into about 305,000 Toreador shares.
