12:32:48 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Equitorial Exploration Corp
Symbol EXX
Shares Issued 37,477,933
Close 2015-07-29 C$ 0.105
Market Cap C$ 3,935,183
Recent Sedar Documents

Equitorial closes $270,000 first tranche of placement

2015-07-30 13:14 ET - News Release

Tse Subject: EXX Equitorial Exploration Corp. 1400-1111 West Georgia Street Vancouver, British Columbia V6E 4M3, Canada http://equitorial.ca THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES EQUITORIAL CLOSES FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT __________________________________________________________ July 30, 2015 TSX Venture Exchange Trading Symbol: EXX Equitorial Exploration Corp. (the “Company”), announces that it has closed the first tranche (the “First Tranche”) of its non-brokered private placement (the “Private Placement”) of units of the Company (each a “Unit”) at a price of $0.10 per Unit for gross proceeds of $270,000. Each Unit consists of one common share of the Company and one transferable share purchase warrant (a “Warrant”). Each Warrant is exercisable to acquire one additional common share of the Company for a period of five years at a price of $0.20 per common share. In connection with closing the First Tranche, the Company paid a cash finder’s fee of $25,000 to David Morgan. All securities issued under the Private Placement will be subject to a four-month and a day hold period from the date of issuance. The proceeds of the Private Placement will be used for general working capital, and to fund the Company’s various projects, as disclosed in the Company’s recent news releases. The TSX Venture Exchange has granted the Company a 30 day extension to close any additional tranches of the Private Placement. On behalf of the Board of Directors EQUITORIAL EXPLORATION CORP. “Dean Pekeski” Dean Pekeski, President and Director For further information, please contact either Dean Pekeski or Patrick Power at 604-689-1799. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. .

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