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Home : Kelt Increases CDE Flow-Through Equity Financing to $33.4 Million
Mar 10
2015

Kelt Increases CDE Flow-Through Equity Financing to $33.4 Million

CALGARY, AB--(Marketwired - March 09, 2015) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) is pleased to announce that it has increased its previously announced non-brokered private placement of common shares, issued on a "flow-through" basis in respect of Canadian development expenses at a price of $8.60 per share, from $28.4 million to $33.4 million (the "Private Placement"). Proceeds from the Private Placement will be used to partially finance the Company's drilling and completion expenditures during the remainder of 2015.
Source:http://www.marketwired.com/mw/release.do?id=1998485&sourceType=3
 
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