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Home : Bellair Ventures Inc. Announces Closing of Private Placement Related to Proposed Qualifying Transaction
Jun 07
2012

Bellair Ventures Inc. Announces Closing of Private Placement Related to Proposed Qualifying Transaction

TORONTO, ONTARIO--(Marketwire - June 6, 2012) - Bellair Ventures Inc. (TSX VENTURE:BVI.H) (the "Corporation") announced today that CleanEnergy Developments Corp. ("CleanEnergy") has completed a brokered private placement for aggregate proceeds of $2,394,000 (the "Offering"). The Offering was completed in connection with the Corporation's proposed acquisition of all of the issued and outstanding securities of CleanEnergy which was previously announced on January 5, 2012 (the "Qualifying Transaction"). Portfolio Strategies Securities Inc. (the "Agent") acted as agent to CleanEnergy in connection with the Offering.
Source:http://www.marketwire.com/mw/release.do?id=1666326&sourceType=3
 
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