Genoil Announces Private Placement, Shares for Debt and Issue of Options
CALGARY, ALBERTA--(Marketwire - Jan. 30, 2013) - Genoil Inc. ("Genoil" or the "Corporation") (TSX VENTURE:GNO) (OTCBB:GNOLF) announces plans to raise up to $485,012 through a non-brokered private placement of up to 8,083,533 common shares at a price of $0.06 per common share. The securities to be issued in connection with this offering are subject to a hold period.
