Magnum Energy Inc. Announces Closing of Private Placement
(firmenpresse) - CALGARY, ALBERTA -- (Marketwire) -- 01/04/12 -- MAGNUM ENERGY INC. (the "Company") (TSX VENTURE: MEN) is pleased to announce the closing of its private placement (the "Private Placement") announced in its news release dated November 18th, 2009. Pursuant to the Private Placement, the Company issued a total of 2,912,285 flow-through shares (the "Flow-Through Shares") at a price of $0.20 per Share for gross proceeds of $582,457.
Finder's fees of $35,974 were paid in accordance with the policies of the TSX Venture Exchange. Additionally, 146,620 Finder's Warrants to acquire Class A common shares of the Corporation at a price of $0.20 per share for a period of one year were also issued.
All securities issued pursuant to the private placement are subject to hold periods expiring between April 19 and April 30, 2012.
ON BEHALF OF THE COMPANY
Richard Nemeth, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Magnum Energy Inc.
Richard Nemeth
President & CEO
604.218.1479
Boardmarker Group
Dean Stuart
403.517.2270
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 04.01.2012 - 19:55 Uhr
Sprache: Deutsch
News-ID 101157
Anzahl Zeichen: 0
contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
Diese Pressemitteilung wurde bisher 144 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Magnum Energy Inc. Announces Closing of Private Placement"
steht unter der journalistisch-redaktionellen Verantwortung von
Magnum Energy Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
