08:31:33 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Wescan Energy Corp
Symbol WCE
Shares Issued 13,420,658
Close 2014-03-31 C$ 0.065
Market Cap C$ 872,343
Recent Sedar Documents

Wescan Energy arranges $500,000 private placement

2014-03-31 18:54 ET - News Release

Mr. Greg Busby reports

WESCAN ENERGY ANNOUNCES PRIVATE PLACEMENT

Wescan Energy Corp. has proposed a non-brokered private placement of up to 8,333,334 units at a price of six cents per unit for total gross proceeds of up to $500,000. Each unit will comprise one common share and one-half of a share purchase warrant of the company. Each whole warrant will entitle the holder to purchase one common share for a period of 24 months from the closing date at an exercise price of 10 cents per share.

The securities issued under the offering will be subject to a four-month-and-one-day hold period from the date of closing. Closing of the offering is subject to acceptance from the TSX Venture Exchange. Proceeds from the offering will be used for the continuation of identifying and evaluating potential transactions, and general working capital purposes.

We seek Safe Harbor.

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