By Devika Patel
Knoxville, Tenn., Dec. 18 - Anterra Energy Inc. priced a private placement for C$1.3 million.
The company will sell up to 1,444,444 class A flow-through shares at C$0.90 each.
Proceeds will be used for the company's winter capital expenditure program.
Calgary, Alta.-based Anterra Energy, formerly Resolve Energy Inc., is an oil and natural gas exploration and production company engaged in acquiring mineral rights or prospects for exploration and development of crude oil and natural gas in Western Canada.
| Issuer: | Anterra Energy Inc.
|
| Issue: | Class A flow-through shares
|
| Amount: | C$1.3 million
|
| Shares: | 1,444,444
|
| Price: | C$0.90
|
| Warrants: | No
|
| Pricing date: | Dec. 18
|
| Stock symbol: | TSX Venture: AE.A
|
| Stock price: | C$0.70 at close Dec. 18
|
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