By Sheri Kasprzak
Atlanta, Jan. 11 - U.S. Oil and Gas Resources Inc. announced its plans to use the private placement market to raise C$1.1 million.
The company plans to sell up to 5 million shares at C$0.22 each.
The offering is being conducted on a non-brokered basis.
U.S. Oil is a Vancouver, B.C.-based oil and gas exploration, development, financing and acquisition company.
| Issuer: | U.S. Oil and Gas Resources Inc.
|
| Issue: | Stock
|
| Amount: | C$1.1 million
|
| Shares: | 5 million
|
| Price: | C$0.22
|
| Warrants: | No
|
| Pricing date: | Jan. 11
|
| Stock price: | C$0.23 at close Jan. 6 (last trade)
|
|
|
© 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.
