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Waldron Energy Corp announces closing of C$4.3 mln private placement financing, conditional approval of previously announced C$2.0 mln private placement


Monday, 30 Dec 2013 06:15pm EST 

Waldron Energy Corp:Says it has closed the previously announced non-brokered private placement for 9,454,781 common shares on a flow-through basis at C$0.45 per share for gross proceeds of about C$4.3 mln.Says it has received conditional listing approval from the Toronto Stock Exchange for its previously announced private placement to ANG Partners, Ltd, for 4,444,445 Waldron common shares at C$0.45 per share for gross proceeds of C$2.0 mln.Says in accordance with the executed subscription agreement of ANG Partners, Ltd., one half of the proceeds has been received by Waldron in trust pending final TSX approval of the private placement.Says the remaining proceeds will be received on or before Jan. 15, 2014. 

Company Quote

0.26
-0.01 -3.70%
22 Sep 2014