By Devika Patel
Knoxville, Tenn., Sept. 15 - Manas Petroleum Corp. settled a $2.6 million private placement of units on Sept. 4, according to an 8-K filed Monday with the Securities and Exchange Commission.
The company sold 4 million units at $0.65 apiece. Each unit consists of one common share and one warrant.
Each warrant is exercisable at $0.95 for two years.
Manas is a Baar, Switzerland-based oil exploration and development company.
| Issuer: | Manas Petroleum Corp.
|
| Issue: | Units one common share and one warrant
|
| Amount: | $2.6 million
|
| Units: | 4 million
|
| Price: | $0.65
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | $0.95
|
| Settlement date: | Sept. 4
|
| Stock symbol: | OTCBB: MNAP
|
| Stock price: | $0.59 at close Sept. 4
|
© 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.
