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Raise Production Inc Announces Closing Of Private Placement


Wednesday, 6 Feb 2013 05:49pm EST 

Raise Production Inc announced that it has closed a private placement offering of 5,000,000 common shares (the Shares) at a price of $0.40 per Share for total gross proceeds of $2,000,000. It is anticipated that the net proceeds of the offering will be used for general corporate purposes and continued development of the Company's unique horizontal well bore production system. The Shares will be subject to a four month hold period in accordance with applicable Canadian securities laws and the rules of the TSX Venture Exchange. 

Latest Developments for Raise Production Inc

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29 Aug 2014