By Sheri Kasprzak
New York, Feb. 26 - Kodiak Energy, Inc. settled a private placement of units for $1.075 million.
The company sold 860,000 units in the deal at $1.25 each to two accredited investors.
Each unit includes one share and one warrant. The warrants are exercisable at $1.50 each for two years.
Based in Calgary, Alta., Kodiak Energy is an oil and natural gas exploration company.
| Issuer: | Kodiak Energy, Inc.
|
| Issue: | Units of one share and one warrant
|
| Amount: | $1.075 million
|
| Units: | 860,000
|
| Price: | $1.25
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | $1.50
|
| Settlement date: | Feb. 22
|
| Stock symbol: | OTCBB: KDKN
|
| Stock price: | $1.60 at close Feb. 22
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
