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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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WesCan Energy Corp Closes Private Placement

Friday, 14 Dec 2012 09:00am EST 

WesCan Energy Corp announced non-brokered private placement offering of common shares. WesCan issued an aggregate of 1,076,000 Common Shares at a price of $0.20 per share for gross proceeds of $215,200. No finder's fees were issued in connection with the Offering. The net proceeds of the Offering will be used for general corporate purposes, including debt reduction and efforts to accelerate business development activities. The Common Shares issued under the Offering are subject to a hold period until April 14, 2013. 

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