By Sheri Kasprzak
New York, Dec. 19 - Maverick Oil and Gas, Inc. wrapped a private placement of units of $1.045 million.
The company sold 5.225 million units at $0.20 each.
The units consist of one share and one warrant. Each warrant is exercisable at $0.20 for three years.
Based in Addison, Texas, Maverick is an oil and natural gas exploration company.
| Issuer: | Maverick Oil and Gas, Inc.
|
| Issue: | Units of one share and one warrant
|
| Amount: | $1.045 million
|
| Units: | 5.225 million
|
| Price: | $0.20
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Three years
|
| Warrant strike price: | $0.20
|
| Settlement date: | Dec. 19
|
| Stock symbol: | OTCBB: MVOG
|
| Stock price: | $0.1503 at close Dec. 19
|
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