Financing with investor Redline International funds operating capital
By Devika Patel
Knoxville, Tenn., Nov. 15 - Freedom Energy Holdings Inc. said it has arranged a $10 million reserve equity financing facility with Redline International.
Proceeds will be used for operating capital and to facilitate the nationwide rollout of the ELAS process.
The oil and energy company is based in Fort Wayne, Ind.
| Issuer: | Freedom Energy Holdings Inc.
|
| Issue: | Reserve equity financing agreement
|
| Amount: | $10 million
|
| Warrants: | No
|
| Investor: | Redline International
|
| Settlement date: | Nov. 15
|
| Stock symbol: | OTCBB: FDMF
|
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