Shares issued to 13 individuals and entities at $0.11 apiece
By Melissa Kory
Cleveland, May 12 - AsherXino Corp. issued 35,025,300 shares of its common stock at $0.11 per share in a $3,852,783 placement, according to an 8-K filing with the Securities and Exchange Commission.
The price is equal to the May 11 closing share price of $0.11.
The shares were issued to 13 individuals and entities on April 4.
Based in Houston, AsherXino is an international oil and gas exploration and production company.
| Issuer: | AsherXino Corp.
|
| Issue: | Shares
|
| Amount: | $3,852,783
|
| Shares: | 35,025,300
|
| Price: | $0.11
|
| Warrants: | No
|
| Settlement date: | April 4
|
| Stock symbol: | OTCBB: AXNO
|
| Stock price: | $0.11 at close May 11
|
| Market capitalization: | $15.7 million
|
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