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VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 18, 2014) - Super Nova Petroleum Corp., (CSE:SNP)(PINKSHEETS:SNOVF) (the "Company" or "Super Nova" or "SNP") announces that it has closed the second tranche of a non-brokered private placement financing pursuant to which it has issued 825,620 units @ $0.05/unit for aggregate gross proceeds of $41,281. Each unit is comprised of one common share and one three year common share purchase warrant. Each warrant entitles the holder to acquire one additional common share at a price of $0.075/share during the first year, $0.10/during the second year and $0.125/share during the last year of the exercise period. Proceeds from this financing will be used for general working capital. |
