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| Home : Tuscany Announces $500,000 Flow-Through Financing |
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Dec 05
2013 |
Tuscany Announces $500,000 Flow-Through Financing |
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CALGARY, ALBERTA--(Marketwired - Dec. 5, 2013) - Tuscany Energy Ltd. (TSX VENTURE:TUS) ("Tuscany" or the "Corporation") announced that it plans to issue 1,282,051 common shares of the Corporation on a flow-through basis pursuant to the Income Tax Act at a price of $0.39 per common share for total consideration of $500,000. Tuscany will renounce to subscribers of the common shares effective on or before December 31, 2013, Canadian Development Expense in an amount equal to the aggregate gross proceeds of the offering. |
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| Source:http://www.marketwired.com/mw/release.do?id=1859478&sourceType=3 |
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