Company sells 25,000 shares for $1.00 each
By Angela McDaniels
Tacoma, Wash., Sept. 8 – GASE Energy, Inc. said it completed a $25,000 private placement of common stock on Aug. 28.
The company sold 25,000 shares for $1.00 each to one investor, according to an 8-K filing with the Securities and Exchange Commission.
The price is an 11% premium to the company’s $0.90 closing share price on Aug. 27.
GASE is a Warrenton, Va.-based energy company with a focus on natural gas production in Ukraine.
Issuer: | GASE Energy, Inc.
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Issue: | Common stock
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Amount: | $25,000
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Shares: | 25,000
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Price: | $1.00
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Warrants: | No
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Settlement date: | Aug. 28
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Stock symbol: | OTCBB: GASE
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Stock price: | $0.90 at close Aug. 27
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Market capitalization: | $4.1 million
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