By Sheri Kasprzak
New York, Dec. 5 - Longview Resources Corp. said it intends to raise C$2,002,000 in a private placement through agent Bolder Investment Partners, Ltd.
The company plans to sell 3.08 million flow-through shares at C$0.65 each.
Proceeds will be used for drilling and well completion. The rest will be used for general corporate purposes.
Based in Calgary, Alta., Longview is an oil and natural gas exploration company.
| Issuer: | Longview Resources Corp.
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| Issue: | Flow-through shares
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| Amount: | C$2,002,000
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| Shares: | 3.08 million
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| Price: | C$0.65
|
| Warrants: | No
|
| Placement agent: | Bolder Investment Partners, Ltd.
|
| Pricing date: | Dec. 5
|
| Stock price: | C$0.53 at close Dec. 5
|
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