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Cobra Venture cancels C$2 million private placement of units
By Devika Patel
Knoxville, Tenn., Oct. 1 - Cobra Venture Corp. announced that it is canceling a previously announced C$2 million private placement of units.
The cancellation is due to delays by the agent and concerns about Cobra's shares being diluted, Cobra said.
Cobra is an oil and natural gas production and exploration company based in Vancouver, B.C.
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