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CALGARY, ALBERTA--(Marketwire - March 28, 2013) - Steel Reef Infrastructure Corp. ("Steel Reef") is pleased to announce to industry that it has closed its initial private placement and that it is fully funded to pursue its business plan. The private placement, which targeted a minimum of $50,000,000, was significantly over-subscribed. Steel Reef has elected to accept all subscriptions received. Proceeds from the initial private placement will target midstream investment opportunities, focused on the acquisition or construction of field gathering systems, processing facilities and other infrastructure opportunities in the Western Canadian Sedimentary Basin. |
