Your Portal for Key Energy Information and Research

Point Loma Resources Reports Private Placement Offering of Units and Flow-Through Units for Up to $1.5 Million

By Criterion Research
September 11, 2019 -

Point Loma Resources entered into an agreement with Mackie Research Capital Corporation, as sole agent and sole bookrunner, pursuant to which the Agent has agreed to offer, on commercially reasonable efforts, private placement basis to raise aggregate gross proceeds to the Corporation of up to approximately $1,500,000. The Offering will consist of: (i) up to approximately $1,000,000 in flow-through units of the Corporation at a price of $0.125 per FT Unit, and (ii) up to approximately $500,000 units of the Corporation at a price of $0.115 per Unit. The closing of the Offering is expected to occur on or about September 30, 2019. 


... View Original Article ...

Categories
Oil and Gas
Upstream

Commodities
Crude Oil
Financial
Natural Gas

Tags
Debt Financing Activities
Stock Market

Regions
Western Canadian Sedimentary Basin

Countries
Canada

Related News

Point Loma Resources... (subscriber access)

Point Loma Resources... (subscriber access)

Point Loma Closes on... (subscriber access)

Point Loma Resources... (subscriber access)

Point Loma Completes... (subscriber access)

Point Loma & Salt Bush... (subscriber access)

Point Loma Acquiring... (subscriber access)

Fortem Resources... (subscriber access)

Point Loma Resources to... (subscriber access)

Point Loma Resources... (subscriber access)