Archer Closes Private Placement Financing of $325,000
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2014) - Archer Petroleum Corp. (TSX VENTURE:ARK)(DBFrankfurt:A6VA) (the "Company") is pleased to announce that the Company has closed its private placement (the "Offering") announced on October 14 and November 11, 2014. An aggregate of 6,500,000 Units were issued at a price of $0.05 per Unit for gross proceeds of $325,000.