| Home : WesternZagros Files Final Rights Offering Prospectus |
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Oct 08
2014 |
WesternZagros Files Final Rights Offering Prospectus |
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CALGARY, ALBERTA--(Marketwired - Oct. 7, 2014) - WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or the "Company") is pleased to announce that it has filed a final short form prospectus (the "Prospectus") in each of the provinces of Canada relating to a rights offering (the "Rights Offering") to subscribe for common shares of WesternZagros (the "Common Shares") for gross proceeds of up to approximately CDN $250 million. The Company has also concurrently filed a registration statement on Form F-7 with the Securities and Exchange Commission in the United States relating to the Rights Offering. The net proceeds of the Rights Offering will be used to fund the Company's allocation of its work programs on the Kurdamir and Garmian blocks in the Kurdistan Region of Iraq and for general and administrative purposes. |
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| Source:http://www.marketwired.com/mw/release.do?id=1955413&sourceType=3 |
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