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| Home : Crown Point Agrees to Revised Terms for US$15 Million Equity Financing, Closes First Tranche and Appoints Two New Board Members |
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Dec 23
2014 |
Crown Point Agrees to Revised Terms for US$15 Million Equity Financing, Closes First Tranche and Appoints Two New Board Members |
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CALGARY, ALBERTA--(Marketwired - Dec. 22, 2014) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") today announced that due to current market conditions it has amended the terms of its previously announced US$15 million private placement of common shares to two new strategic investors, Liminar Energia S.A. and GORC S.A. (the "Investors"). Crown Point also announced that it has closed the first tranche of the financing and has appointed two nominees of the Investors to its Board of Directors. |
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| Source:http://www.marketwired.com/mw/release.do?id=1978925&sourceType=3 |
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