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Published on 9/8/2014 in the Prospect News PIPE Daily.

GASE Energy sells $25,000 of stock to investor in private placement

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.
Issue:Common stock
Amount:$25,000
Shares:25,000
Price:$1.00
Warrants:No
Settlement date:Aug. 28
Stock symbol:OTCBB: GASE
Stock price:$0.90 at close Aug. 27
Market capitalization:$4.1 million

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