By Devika Patel
Knoxville, Tenn., Jan. 2 - Gallic Energy Ltd. priced a C$1.5 million non-brokered private placement of common shares.
The company will sell 75 million common shares at C$0.02 per share.
Gallic, based in Calgary, Alta., aims to build an inventory of significant oil and gas prospects.
Issuer: | Gallic Energy Ltd.
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Issue: | Common shares
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Amount: | C$1.5 million
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Shares: | 75 million
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Price: | C$0.02
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Warrants: | No
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Agent: | Non-brokered
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Pricing date: | Jan. 2
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Stock symbol: | TSX Venture: GLE.A
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Stock price: | C$0.02 at close Jan. 2
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