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| Home : Tanager Energy Inc. $275,000 Private Placement Update |
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Oct 07
2014 |
Tanager Energy Inc. $275,000 Private Placement Update |
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CALGARY, ALBERTA--(Marketwired - Oct. 7, 2014) - Tanager Energy Inc. ("Tanager" or the "Corporation") (TSX VENTURE:TAN) advises that Viking Investments Group, Inc. ("Viking") (OTCQB:VKIN), has subscribed for 3,437,500 units at a price of $0.08 per share for gross proceeds of $275,000 subject to final approval of the TSX Venture Exchange. Each Unit consists of one (1) common share and one (1) common share purchase warrant. Each warrant entitles its holder thereof to purchase one additional common share in the capital of Tanager for a period expiring on October 5, 2016, at an exercise price of $0.15 per common share. The shares issued in connection with the private placement will be subject to a four month hold period that expires on February 5, 2015. |
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| Source:http://www.marketwired.com/mw/release.do?id=1955308&sourceType=3 |
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