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| Home : Canadian Oilfield Solutions Corp.: Brokered Private Placement - $2,500,000 |
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Oct 17
2012 |
Canadian Oilfield Solutions Corp.: Brokered Private Placement - $2,500,000 |
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CALGARY, ALBERTA--(Marketwire - Oct. 17, 2012) - Canadian Oilfield Solutions Corp. (TSX VENTURE:OTS) (the "Corporation"). Further to the Corporation's press release of October 5, 2012 announcing a brokered private placement to raise up to $2,000,000 on a commercially reasonable efforts basis from a private placement of units ("Units") at a price of $0.15 per Unit, the Corporation is pleased to announce that the over-allotment option granted to Wolverton Securities Ltd. (the "Agent"") has been increased from 15% to 25% of the maximum number of Units sold. The over-allotment option will allow the Agent to raise up to an additional $500,000 under the private placement. |
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| Source:http://www.marketwire.com/mw/release.do?id=1714513&sourceType=3 |
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