United States

Newton Energy Corp announces proposed private placement

Tuesday, 19 Aug 2014 08:00am EDT 

Newton Energy Corp:Plans to complete a non-brokered private placement of up to 1,500 units of Newton at a price of $100 per unit for aggregate gross proceeds of up to $150,000.Proceeds will be used to pay land lease obligations and outstanding payables, and provide the Corporation with funds to pay expenses going forward.It is anticipated that the Offering will close on or before Sept. 30. 

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