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| Home : Appia Announces Closing of Over-Subscription of Private Placement |
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Jan 28
2017 |
Appia Announces Closing of Over-Subscription of Private Placement |
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TORONTO, ONTARIO--(Marketwired - Jan. 27, 2017) - Appia Energy Corp. (the "Company" or "Appia") (CSE:API)(CSE:API.CN) is pleased to announce that further to its News Release of January 23, 2017, the Offering was over-subscribed and the Company will close the final tranche of its non-brokered private placement (the "Offering") on January 30, 2017 with the sale of an additional 405,000 working capital units ("WC Units") at $0.20 per WC Unit for proceeds of $81,000. The Company intends to use the proceeds from the $1,000,000 raised from the first closing of the Offering plus the additional funds raised (an aggregate of $1,081,000) to drill the Loranger Property and for exploration of the Otherside Property to bring it to the drilling stage and for working capital. |
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| Source:http://www.marketwired.com/mw/release.do?id=2191737&sourceType=3 |
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