Home : June 2011 : June 27, 2011 News : Marksmen Announces Closing of Private Placement and Transaction with MAR Oil Company, Proposed Financing and Other Corporate Matters

Marksmen Announces Closing of Private Placement and Transaction with MAR Oil Company, Proposed Financing and Other Corporate Matters

June 27, 2011

CALGARY, ALBERTA--(Marketwire - June 27, 2011) - Marksmen Energy Inc. ("Marksmen" or the "Company") (TSX VENTURE:MAH) is pleased to announce that it has completed the closing of its previously announced non-brokered private placement (the "Private Placement") for 1,438,299 units of the Company at a price of $0.30 per unit for gross proceeds of $431,489.90. Each unit consists of one common share and one-half of one share purchase warrant, with each whole warrant entitling the holder thereof to purchase one common share at a price of $0.50 per share for a period of one year from the date of closing.

http://www.marketwire.com/mw/release.do?id=1531872&sourceType=3
Other Stories