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Home : MCW Energy Group Announces Closing of Non-Brokered Private Placement
Apr 27
2017

MCW Energy Group Announces Closing of Non-Brokered Private Placement

TORONTO, ONTARIO--(Marketwired - April 26, 2017) - MCW Energy Group Limited ("MCW") (TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's vast oil sands deposits, is pleased to announce that it has completed a non-brokered private placement financing by issuing 720,833 common shares for aggregate gross proceeds of US$35,000. All shares issued pursuant to the financing are subject to a restrictive US legend and a four month hold period. The financing closed on April 24, 2017, subject to final approval of the TSX Venture Exchange.
Source:http://www.marketwired.com/mw/release.do?id=2212210&sourceType=3
 
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