NWest energy Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Nwest Energy announces amendment to terms of previously announced private placement
Nwest Energy Corp:Amends the terms of the non-brokered private placement previously announced on May 1.Private Placement will now consist of units consisting of one common share and one warrant to purchase a common Share.To offer up to 4,853,333 Units at a price of $0.06 per Unit for aggregate gross proceeds of up to $275,000.Each Warrant will entitle the holder thereof to acquire one Common Share at a price of $0.10 per Common Share for a period of 24 months from the date of closing of the Private Placement.Net proceeds to be used for working capital and ongoing operations to identify opportunities.Private Placement is expected to close on or about June 18.
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