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			Cinch Energy Corp
			Symbol			CNH
			Shares Issued			55,631,798
			Close 2009-08-26			C$ 0.78
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Cinch Energy completes $2.73-million private placement

2009-08-27 15:43 ET - News Release

Mr. John Elick reports

CINCH ENERGY CORP. ANNOUNCES CLOSING OF FLOW-THROUGH SHARE PRIVATE PLACEMENT

Cinch Energy Corp. has closed its non-brokered private placement of 3,211,900 common shares on a flow-through basis at an issue price of 85 cents per flow-through share for aggregate gross proceeds of $2,730,115.

Proceeds from the offering will be used to finance the drilling of the Dawson 6-30 Wabamun well. Cinch has agreed to incur Canadian exploration expenses in the amount of the proceeds raised from the issuance of the flow-through shares to be renounced, effective on or before Dec. 31, 2009, to subscribers of the flow-through shares.

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This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Cinch Energy completes $2.73-million private placement

The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.