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CALGARY, AB--(Marketwired - December 18, 2015) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) (OTCQX: MQLXF) announces that it intends to complete a non-brokered private placement of up to 2,500,000 common shares in the capital of Marquee to be issued on a Canadian exploration expense ("CEE") flow-through basis under the Income Tax Act (Canada) at a price of $0.60 per share for aggregate gross proceeds of up to $1.5 million. The shares will be subject to a four month hold period. The private placement is expected to close before year end. |
