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CALGARY, ALBERTA--(Marketwired - June 2, 2014) - Canadian Quantum Energy Corporation ("Canadian Quantum" or the "Company") (TSX VENTURE:CQM) announced today that, further to its press releases dated April 25, 2014, May 6, 2014 and May 26, 2014, pursuant to the investment agreement with Lang International Holdings Limited, a company registered in the British Virgin Islands, and Douglas Brett, the President and Chief Executive Officer of the Company, the Company completed the second and final tranche of its previously announced private placement offering (the "Equity Private Placement") of common shares of the Company ("Common Shares"), subject to TSX Venture Exchange final approval. Pursuant to the closing of the final tranche of the Equity Private Placement, a third party purchased 1,090,000 Common Shares at a price of $0.10 per Common Share for gross proceeds of $109,000. |
