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| Home : APIC Petroleum Corporation Announces Completion of A Private Placement of 16,000,000 Common Shares |
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Feb 24
2012 |
APIC Petroleum Corporation Announces Completion of A Private Placement of 16,000,000 Common Shares |
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TORONTO, ONTARIO--(Marketwire - Feb. 24, 2012) - APIC PETROLEUM CORPORATION (TSX VENTURE:API) (the "Company" or "APIC") announced today that it has completed a non-brokered private placement of 16,000,000 common shares (the "Common Shares") of the Company at a price of $0.20 per Common Share for gross proceeds of Cdn.$3,200,000 (the "Offering"). The Common Shares to be issued will carry a four-month hold period under Canadian securities laws from the date of issuance. Completion of the Offering is subject to approval of the TSX Venture Exchange. |
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| Source:http://www.marketwire.com/mw/release.do?id=1624272&sourceType=3 |
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