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Prospect News home > News index > List of issuers K > Headlines for Kabe Exploration Inc. > News item
Published on 6/28/2013 in the Prospect News PIPE Daily.

Kabe Exploration secures $500,000 through equity commitment agreement

Deal with JMJ Financial to fund operational drilling development cost

By Devika Patel

Knoxville, Tenn., June 28 - Kabe Exploration Inc. said it negotiated a $500,000 equity commitment with JMJ Financial. The company has already settled the first tranche.

The investor will buy restricted shares.

Proceeds will be used to assist the company with its operational drilling development cost.

The oil and gas exploration and development company is based in San Diego.


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