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Greenangel Energy Corp Closes Private Placement


Monday, 3 Dec 2012 09:30am EST 

Greenangel Energy Corp announced that it has completed its previously announced non-brokered private placement of 1,000,000 units for gross proceeds of $100,000. The private placement was fully subscribed for. As part of the offering, the directors of GreenAngel purchased 690,000 of the available units. The unit offering was closed under the same terms as announced and described by the Company in its news release of November 26, 2012. Each unit is comprised of one common share in the capital of GreenAngel and one non-transferable common share purchase warrant. Each warrant entitles the holder to acquire one common share at an exercise price of $0.10 during the first two years of the warrant term. Proceeds from the private placement will be used for general working capital and to consider additional investments in emerging clean energy technologies. The private placement is subject to final approval from the TSX Venture Exchange. 

Company Quote

0.06
0.0050 +9.09%
22 Aug 2014