|
| Home : Galleon Energy Inc. Announces Closing of Private Placement and Proposed Name Change of Corporation |
|
Sep 17
2011 |
Galleon Energy Inc. Announces Closing of Private Placement and Proposed Name Change of Corporation |
|
CALGARY, ALBERTA--(Marketwire - Sept. 16, 2011) - Galleon Energy Inc. (TSX:GO) ("Galleon" or the "Corporation") is pleased to announce the closing of the previously announced private placement of an aggregate of 2.3 million units ("Units") at $2.81per Unit. Each Unit consisted of one Class A Share for the Corporation and one share purchase warrant ("Warrant"). Each Warrant will entitle the holder to acquire one Class A Share of the Corporation at an exercise price of $3.10 for a period of three years. The Warrants are not exercisable until the 20 day volume weighted average trading price of the Class A Shares exceeds $5.00 per share. |
|
|
|
| Source:http://www.marketwire.com/mw/release.do?id=1562282&sourceType=3 |
| |
|
Related News
|
» Scripps Networks Digital Launches HGTVRemodels.com on September 15, 2011
» Northern Gold Mining Inc. Announces Completion of $10,870,471 Non-Brokered Private Placement
|
|
|
