New Issue: BMB Munai wraps private placement of stock for $15.5 million

By Sheri Kasprzak

Atlanta, April 14 - BMB Munai Inc. said it has completed a private placement of stock for $15,505,000.

The company sold 3,101,000 shares at $5.00 each to both domestic and foreign investors.

Aton Securities Inc. and Credifinance Securities Ltd. were the placement agents in the deal.

Based in New York, BMB is an oil and gas exploration, development and production company.

Issuer:	BMB Munai Inc.
Issue:	Stock
Amount:	$15,505,000
Shares:	3,101,000
Price:	$5.00
Warrants:	No
Placement agents:	Aton Securities, Inc. and Credifinance Securities Ltd.
Settlement date:	April 14
Stock price:	$5.00 at close April 13

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