Mr. Misha Andric reports
NON-BROKERED PRIVATE PLACEMENT
Halio Energy Inc. has completed a non-brokered private placement of 16,817 common shares at a price of $1.20 per share for gross proceeds of $20,180.40. The securities issued in the financing were issued in two tranches and are subject to a restricted period which expires on July 27, 2017. Proceeds from the financing are intended to be used for general working capital purposes.
About Halio Energy Inc.
Halio Energy
plans to invest in North Sea-, North America- and South America-based oil and gas upstream and producing properties, and intends to procure direct working interests on a non-operated basis as well as limited partnership, joint venture and MLP interests.
We seek Safe Harbor.
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