CALGARY, Alberta, July 12, 2019 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it is increasing its previously announced non-brokered private placement of units (the “Units”) of Marksmen at a price of $0.05 per Unit by $150,000 for aggregate gross proceeds of up to $500,000 (the “Offering”). Each Unit will be comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.10 per share expiring two (2) years from the date of issuance. In connection with the increase in the Offering, the Company has obtained an extension from the TSX Venture Exchange Inc. (“TSXV”) for the final closing of the private placement to August 15, 2019.
Marksmen Announces Increase and Extension of Private Placement
Jul 12, 2019
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