04:14:47 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Equitorial Exploration Corp
Symbol EXX
Shares Issued 37,421,308
Close 2015-06-29 C$ 0.10
Market Cap C$ 3,742,131
Recent Sedar Documents

Equitorial arranges $500,000 private placement

2015-06-30 15:22 ET - News Release

Mr. Dean Pekeski reports

EQUITORIAL ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FOR UP TO $500,000

Equitorial Exploration Corp. will conduct, subject to a regulatory approval, a non-brokered private placement of units of the company at a price of 10 cents per unit to raise gross proceeds of up to $500,000. Each unit will consist of one common share of the company and one transferable share purchase warrant. Each warrant shall be exercisable to acquire one additional common share of the company for a period of five years at a price of 20 cents per common share.

The private placement is subject to TSX Venture Exchange approval.

All securities issued under the private placement will be subject to a four-month hold period from the date of issuance.

The company may pay a finder's fee in accordance with exchange policies and applicable securities legislation. The proceeds of the private placement will be used to finance the company's various projects and for general working capital.

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