Sahara Energy Ltd. Announces Completion of Increased Financing
CALGARY, ALBERTA--(Marketwire - March 16, 2012) - Sahara Energy Ltd. (TSX VENTURE:SAH) ("Sahara") announces that it has closed the second tranche of its previously-announced financing. An additional 7 million common shares were issued to Mr. Kingston Kwek of Singapore on March 16, 2012 at $0.07 per share. The shares issued today are subject to a hold period under applicable securities laws of 4 months which will expire on July 17, 2012.
