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CALGARY, ALBERTA--(Marketwire - March 30, 2011) - Trafina Energy Ltd. ("Trafina" or the "Company")(TSX VENTURE:TFA.A) is pleased to announce that it has filed and obtained a receipt for a preliminary short form prospectus in connection with a marketed public offering of units ("Units") on a reasonable best efforts agency basis for gross proceeds of a minimum amount of $5,000,000 and up to a maximum amount of $8,000,000 (the "Offering"). Each Unit will consist of one Class A common share ("Common Share") and one transferable Common Share purchase warrant ("Warrant") to acquire an additional Common Share for a period of eighteen months from the date of closing. The Offering will be conducted through a syndicate of agents lead by National Bank Financial Inc. and including Mackie Research Capital Corporation, Wellington West Capital Markets Inc. and Cormark Securities Inc. (the "Agents"). |
