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| Home : Xinergy Completes US$4.95 Million Non-Brokered Private Placement |
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Apr 01
2014 |
Xinergy Completes US$4.95 Million Non-Brokered Private Placement |
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KNOXVILLE, TENNESSEE--(Marketwired - March 31, 2014) - Xinergy Ltd. (TSX:XRG) (the 'Company'), a Central Appalachian coal producer, today announced that it has completed a US$4.95 million non-brokered private placement financing through the sale of 11.0 million common shares at a price of US$0.45 per share. The proceeds will be utilized to strengthen the Company balance sheet and add liquidity. |
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| Source:http://www.marketwired.com/mw/release.do?id=1894421&sourceType=3 |
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