DGAP-News: STEALTH ENERGY INC. : Private Placement
(firmenpresse) - STEALTH ENERGY INC. / Transaction in Own Shares/Corporate Action
24.03.2010 11:27
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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NEWS RELEASE
Mon 22 Mar 2010 CNSX symbol: SLH
News Release 04/10 Frankfurt symbol: S16
PRIVATE PLACEMENT
Stealth Energy Inc. (the 'Company') is pleased to announce that it has
arranged a non-brokered private placement of up to 10 million units at a
price of $0.20 per unit for gross proceeds of up to $2,000,000. Each unit
consists of one common share and one common share purchase warrant
entitling the holder to purchase an additional share at a price of $0.25
share for a period of 24 months from the date of issuance. A finder's fee
may be paid to agents of the Company in an amount of up to 10% of the
proceeds raised by such agents as part of this offering of units.
The proceeds from the private placement will be used for general working
capital.
Stealth Energy Inc. is a producing oil&gas company with its field office
in Billings, Montana, USA. The company develops its own properties and
continues to seek and make acquisitions, primarily within Montana and
Wyoming. For further information please contact Carlo Nigro at (604)
669-7831 or stealthenergy(at)telus.net.
Stealth Energy Inc.
'John Campbell'
John Campbell
President
The Canadian National Stock Exchange (CNSX) has not reviewed this news
release and does not accept responsibility for its adequacy or accuracy.
This news release does not constitute a solicitation to buy or sell any
securities in the United States.
24.03.2010 11:27 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Datum: 24.03.2010 - 11:27 Uhr
Sprache: Deutsch
News-ID 17952
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Kategorie:
Business News
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