By Devika Patel
Knoxville, Tenn., Sept. 22 - Anterra Energy Inc. said it plans a non-brokered private placement of stock for C$2 million.
The company will sell up to 6,666,667 class A common shares at C$0.30 each.
Proceeds will be used for exploration.
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 common shares
|
| Amount: | C$2 million
|
| Shares: | 6,666,667
|
| Price: | C$0.30
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Sept. 22
|
| Stock symbol: | TSX Venture: AE.A
|
| Stock price: | C$0.22 at close Sept. 19
|
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