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| Home : Canamax Closes Second Tranche of $13 Million Brokered Private Placement |
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May 16
2014 |
Canamax Closes Second Tranche of $13 Million Brokered Private Placement |
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CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE:CAC) is pleased to announce that it has closed the second and final tranche of its previously announced brokered private placement offering (the "Offering"). The Company issued 4,180,768 units ("Financing Units") in the second tranche for gross proceeds of approximately $5.2 million (net proceeds of approximately $4.9 million after deduction of broker commissions). Together with the first tranche, the Company has issued a total of 10,433,384 Financing Units under the Offering for aggregate gross proceeds of approximately $13.0 million (net proceeds of approximately $12.0 million after deduction of broker commissions, legal fees and related expenses). |
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| Source:http://www.marketwired.com/mw/release.do?id=1911167&sourceType=3 |
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