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Seven Generations Completes $931.5 Million Initial Public Offering

November 05, 2014


Seven Generations Energy Ltd. (TSX:VII) (the "Company" or "7G") is pleased to announce that it has completed its previously announced initial public offering (the "Offering") of 51.75 million common shares (including 6.75 million common shares issued pursuant to the previously announced exercise in full of the over-allotment option) at $18 per common share for aggregate gross proceeds to 7G of $931.5 million.

The underwriting syndicate was co-led by RBC Capital Markets, Credit Suisse Securities (Canada), Inc. and Peters & Co. Limited and included BMO Nesbitt Burns Inc., CIBC World Markets Inc., Jefferies LLC, Scotia Capital Inc., TD Securities Inc., AltaCorp Capital Inc., National Bank Financial Inc., Canaccord Genuity Corp., Cormark Securities Inc., FirstEnergy Capital Corp., GMP Securities L.P., Macquarie Capital Markets Canada Ltd., Raymond James Ltd. and Leede Financial Markets Inc.

The Company's common shares are listed on the Toronto Stock Exchange under the symbol "VII".

This press release is not for distribution, directly or indirectly, in or into the United States(including its territories and possessions, any State of the United States and the District of Columbia) or any other jurisdiction outside Canada. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities offered pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended, (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold within the United States other than pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

About the Company

Seven Generations Energy Ltd. is an Alberta-based company engaged in the development of the Kakwa River Project (the "Project"). Located approximately 100 kilometres south of Grande Prairie, Alberta, the Project is a tight, liquids-rich gas and light oil project in the early stages of development. 7G has its corporate headquarters in Calgary, Alberta and its operations headquarters in Grande Prairie, Alberta.

Seven Generations Energy Ltd.
Investor Relations
Chris Law, Chief Financial Officer
Brian Newmarch, Director, Capital Markets
Seven Generations Energy Ltd.
Media Relations
Alan Boras, Director, Communications
and Stakeholder Relations
Seven Generations Energy Ltd.
Suite 300, 140 - 8th Avenue SW
Calgary, AB
T2P 1B3

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Corporate Headquarters
Calgary, AB

Operations Headquarters
Grande Prairie, AB

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