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Home : Morumbi Raises Proceeds of Approximately $1.2 Million Through the Exercise of 3 Million Warrants
Apr 23
2012

Morumbi Raises Proceeds of Approximately $1.2 Million Through the Exercise of 3 Million Warrants

- Funds will be used for general working capital and be used to pursue oil & gas and mineral opportunities in Papua New Guinea ("PNG") - Morumbi announces entering into a memorandum of understanding ("MOU") with Landowner Company to pursue high impact oil & gas exploration block covering much of the Bougainville Basin
Source:http://www.marketwire.com/mw/release.do?id=1647564&sourceType=3
 
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