Analyst Research

Report Title Price
Provider : Reuters Investment Profile

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Samoth Oilfield Inc Announces Private Placement

Monday, 28 Oct 2013 04:05pm EDT 

Samoth Oilfield Inc announced that it has completed its previously-announced non-brokered private placement for gross proceeds of $500,000. Pursuant to the Private Placement, Samoth issued 10,000,000 Common Share Units at a price of $0.05 per Unit. Each Unit is comprised of one Common Share and one Common Share Purchase Warrant. Each Warrant entitles the holder to purchase one additional Common Share of Samoth at an exercise price of $0.05 for a period of two years from the date of issuance of the Units. The proceeds from the Private Placement will be used for the purposes of potential asset acquisition(s), reserves evaluation and for general working capital. 

Company Quote

28 Sep 2015