Lions Gate Energy Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Lions Gate Energy Inc Announces Private Placement Financing
Lions Gate Energy Inc announced a private placement financing of up to 10,000,000 units at a price of $0.05 per unit (the Units) to raise up to an aggregate total of $500,000 (the Financing). Each Unit consists of one common share in the equity of Lions Gate Energy and one half of one share purchase warrant (the Warrants); each whole Warrant entitles the holder to purchase one additional common share (a Share) at a price of $0.10 per Share for a period of one year from closing of the Financing. Proceeds of the Financing will be used for general working capital purposes. Finder's fees may be payable in connection with the Financing.
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