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| Home : Tanager Energy Announces Pricing and Terms of Previously Announced Private Placement |
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May 12
2016 |
Tanager Energy Announces Pricing and Terms of Previously Announced Private Placement |
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CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Tanager Energy Inc. ("Tanager" or the "Corporation") (TSX VENTURE:TAN) announced today that further to its news release dated May 6, 2016, Tanager has set the pricing and the terms for its previously announced private placement offering for gross proceeds of up to $3,750,000 (the "Offering"). Pursuant to the Offering, Tanager will issue up to 37,500,000 subscription receipts ("Subscription Receipts") at a price of $0.10 per Subscription Receipt. The gross proceeds of the Offering will be held in trust by Tanager's counsel, as Subscription Receipts agent. |
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| Source:http://www.marketwired.com/mw/release.do?id=2123966&sourceType=3 |
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