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CALGARY, ALBERTA--(Marketwire - Nov. 26, 2012) - Bayshore Petroleum Corp. (TSX VENTURE:BSH) ("Bayshore" or the "Corporation") is pleased to announce that it has closed its previously announced non- brokered private placement (the "Offering") and issued 100,000 Common Shares of the Corporation ("Shares") at price of $0.30 per Share. There is a four month hold period on the Common Shares issued which expires on March 15, 2013. Nesbitt Burns acted as agent in connection with the Offering and was paid a cash commission of 10% of the gross proceeds under the Offering. |
