By Sheri Kasprzak
Atlanta, Feb. 4 - Big Sky Energy Corp. said it plans to raise up to $7 million in a private placement of stock.
The offering includes up to 14 million shares at $0.50 each.
The deal is expected to close March 1.
Big Sky is an oil and gas exploration and production company based in Bejing, China.
| Issuer: | Big Sky Energy Corp.
|
| Issue: | Stock
|
| Amount: | $7 million (maximum)
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| Shares: | 14 million (maximum)
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| Price: | $0.50
|
| Warrants: | No
|
| Pricing date: | Feb. 2
|
| Settlement date: | March 1
|
| Stock price: | $0.55 at close Feb. 2
|
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