Western Standard Energy raises $41,587 through placement of its shares

Deal consists of 33.27 million shares, sold at $0.00125 per share

By Devika Patel

Knoxville, Tenn., Nov. 26 - Western Standard Energy Corp. completed a $41,587 private placement of stock on Nov. 9, according to an 8-K filed Monday with the Securities and Exchange Commission. Dallas Gray invested $18,750.

The company sold 33,269,857 common shares at $0.00125 per share. The price per share is an 99.77% discount to $0.55, the Nov. 8 closing share price.

Western Standard is a London-based oil and gas company.

Issuer:	Western Standard Energy Corp.
Issue:	Common stock
Amount:	$41,587
Shares:	33,269,857
Price:	$0.00125
Warrants:	No
Investor:	Dallas Gray (for $18,750)
Settlement date:	Nov. 9
Stock symbol:	OTCBB: WSEG
Stock price:	$0.55 at close Nov. 8
Market capitalization:	$134,400

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