New York, June 3 - Hoodoo Hydrocarbons Ltd. said it upsized its private placement of stock to C$3.75 million.
The deal was originally announced on April 27 at a maximum size of C$3.5 million and at least C$2.5 million.
Based in Calgary, Alta., Hoodoo is an oil and natural gas exploration company. It plans to use the proceeds to extinguish all outstanding short-term debt and for expenses on the company's existing properties.
| Issuer: | Hoodoo Hydrocarbons Ltd.
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| Issue: | Stock
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| Amount: | C$3.75 million
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| Shares: | 37.5 million
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| Price: | C$0.10
|
| Warrants: | No
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| Pricing date: | April 27
|
| Stock price: | C$0.08 at close April 27
|
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