By Devika Patel
Knoxville, Tenn., July 9 - Lands End Resources Ltd. announced plans to raise C$2 million in a non-brokered private placement of stock.
The company said it will sell 8 million common shares at C$0.25 per share.
Proceeds will be used for working capital and to fund potential property acquisitions.
Lands End is an oil and natural gas exploration, development and production company based in Calgary, Alta.
Issuer: | Lands End Resources Ltd.
|
Issue: | Common shares
|
Amount: | C$2 million
|
Shares: | 8 million
|
Price: | C$0.25
|
Warrants: | No
|
Agent: | Non-brokered
|
Pricing date: | July 9
|
Stock symbol: | CNQ: LAND
|
Stock price: | C$0.24 at close July 9
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.