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TORONTO, ONTARIO--(Marketwire - June 27, 2012) - Ecosse Energy Corp. (CNSX:ECS) (the "Company"), a company focused on oil and gas exploration and production in Indonesia, announces that it has completed a further private placement of C$750,000 with two arms-length investors. The Company has now raised a cumulative sum of C$1,500,000 since May 2012. This last C$750,000 included C$375,000 of common shares issued at C$0.35 per share and a debenture for C$375,000 having a maximum 2-year term and convertible to common shares at C$0.50 per share. |
