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Double Crown announces 3rd private placement funding of 2013


Published May 1, 2013
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Double Crown Resources, Inc.

Double Crown Resources, Inc. announces a 3rd non-brokered private placement funding of $75,000 has been received by the company bringing the grand total for 2013 over $331,000 to date. This latest direct financial support has come from Mr. Alexander Fernandez, President of Double Crown's established marketing partner company, PetroIntel Global, LLC and also his Taiwan-based petroleum industry investment group associates.

In return for this immediate cash infusion, restricted shares were issued which cannot be traded in the open market until after a six month holding period. These restricted shares were priced at the .01 level which is 100% higher than the initial 2013 private placements, denoting recent appreciation in DDCC share value and also continued progress with Double Crown's developing projects.

Tags: Double Crown Resources




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