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TORONTO, ONTARIO--(Marketwired - June 28, 2016) - Appia Energy Corp. (the "Company" or "Appia") (CSE:API) is pleased to announce that it has closed the first tranche of a non-brokered private placement with the sale of 1,315,000 working capital units ("WC Units") at $0.20 per WC Unit for gross proceeds of $263,000. The Company paid a finder's fee of 35,000 common shares and 35,000 broker warrants. Each broker warrant entitles the holder to acquire one (1) common share of Appia at $0.20 until December 27, 2017. The securities issued are subject to a hold period expiring on October 28, 2016. |
