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| Home : Troy Energy Corp. Announces Proposed Private Placement Financing |
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Sep 16
2011 |
Troy Energy Corp. Announces Proposed Private Placement Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2011) - Troy Energy Corp. (TSX VENTURE:TEG.H) (the "Corporation" or "Troy") announces its intention to conduct a private placement financing of up to 3,000,000 common shares at a price of $0.15 per share for aggregate gross proceeds of up to $450,000. In accordance with applicable securities laws, the common shares issued under this offering will be subject to four-month hold periods. The proceeds from this offering will be used for restructuring costs and for general working capital purposes. |
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| Source:http://www.marketwire.com/mw/release.do?id=1561915&sourceType=3 |
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