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| Home : Genoil Announces Closing of Private Placement and Reissue of 2011 Consolidated Financial Statements |
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Feb 28
2013 |
Genoil Announces Closing of Private Placement and Reissue of 2011 Consolidated Financial Statements |
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CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - Genoil Inc. ("Genoil" or the "Corporation") (TSX VENTURE:GNO)(OTCBB:GNOLF) is pleased to announce that it has closed a non-brokered private placement pursuant to which the Corporation issued 3,336,333 common shares at a price of Cdn $0.06 per share for total gross proceeds of $200,180. The common shares issued in connection with the private placement are subject to a four-month hold period pursuant to the rules of the TSX Venture Exchange and Canadian securities legislation. |
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| Source:http://www.marketwire.com/mw/release.do?id=1762536&sourceType=3 |
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