New Issue: Littlefield plans $7 million private placement of shares

By Devika Patel

Knoxville, Tenn., March 19 - Littlefield Corp. said in a press release it has arranged a $7 million private placement of stock.

The company will sell 5,190,568 common shares at $1.3486 per share to funds affiliated with Value Fund Advisors, LLC.

Austin, Texas-based Littlefield develops, owns and operates charitable bingo halls and owns and operates party rental and catering companies.

Issuer:	Littlefield Corp.
Issue:	Common stock
Amount:	$7 million
Shares:	5,190,568
Price:	$1.3486
Warrants:	No
Investor:	Value Fund Advisors, LLC
Pricing date:	March 19
Stock symbol:	OTCBB: LTFD
Stock price:	$1.21 at close March 19

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