Phoenix Canada Oil Company Limited Announces Private Placement Financing
TORONTO, ONTARIO--(Marketwired - April 19, 2016) - Phoenix Canada Oil Company Limited (TSX VENTURE:PCO) ("Phoenix" or the "Company") wishes to announce that it is undertaking a non-brokered working capital unit private placement to raise proceeds of $280,000 (the "Offering") by offering 200,000 working capital units (each a "WC Unit") of the Company at a price of $1.40 per WC Unit.
