PetroCorp Group Inc. Announces Completion of Private Placement
(firmenpresse) - EDMONTON, ALBERTA -- (Marketwired) -- 09/25/13 -- PetroCorp Group Inc. (TSX VENTURE: PCG.H) (the "Corporation") announces today that it has completed its previously announced non-brokered private placement of up to 10,000,000 common shares of the Corporation (the "Common Shares") at a price of $0.005 per share for aggregate gross proceeds of up to $50,000 (the "Offering"). The Corporation issued 10,000,000 Common Shares for gross proceeds of $50,000.
The proceeds of the Offering will be used for the following purposes:
Completion of the Offering has been approved by the board of directors of the Corporation and is subject to regulatory approval including, but not limited to, the approval of the NEX board of the TSX Venture Exchange Inc. The Common Shares issued are subject to a four month hold period from the date of issuance pursuant to securities legislation.
Neither the NEX, nor its Regulatory Services Provider (as that term is defined in the policies of the NEX) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to obtaining necessary approvals from the TSX Venture Exchange. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.
Contacts:
PetroCorp Group Inc.
Andrew Lindzon
(647) 388-3095
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Datum: 25.09.2013 - 15:44 Uhr
Sprache: Deutsch
News-ID 300207
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contact information:
Town:
EDMONTON, ALBERTA
Kategorie:
Oil & Gas
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