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| Home : Vinergy Resources Announces USD $200,000 Private Placement |
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May 12
2017 |
Vinergy Resources Announces USD $200,000 Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 11, 2017) - Vinergy Resources Ltd. ("Vinergy" or the "Company") (CSE:VIN) (OTCQB:VNNYF) in conjunction with its proposed acquisition of MJ Biopharma (announced December 14, 2016) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 400,000 units (the "Units") at a price of USD $0.50 per Unit for gross proceeds of up to USD $200,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Share") and one transferable common share purchase warrant (a "Warrant"), with each Warrant exercisable into one additional Share at a price of USD $1.00 for a period of three years from the date of closing (subject to acceleration in certain circumstances). |
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| Source:http://www.marketwired.com/mw/release.do?id=2215699&sourceType=3 |
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