DXI Announces Closing of Final Tranche of Cdn.$995,800 Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 12, 2016) - DXI Energy Inc. (NYSE MKT:DXI)(TSX:DXI) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced it has closed the Cdn.$353,800 final tranche of its private placement (the "Offering"), previously reported by the Company on May 27 and June 28, 2016.