Scandoil  

Marksmen plans to complete proposed private placement


Published Dec 3, 2015
Marksmen Energy Inc.

Marksmen Energy Inc. plans to complete a non-brokered private placement of up to 10,000,000 common shares (the "Common Shares") of Marksmen at a price of $0.08 per share for aggregate gross proceeds of up to $800,000 (the "Private Placement").

Marksmen may pay a commission or finder's fee to qualified non-related parties of up to 8% of the gross proceeds of the Private Placement (up to $64,000) and broker warrants (the "Broker Warrants") equal to up to 8% of the number of Common Shares sold in the Private Placement (up to 800,000). Each Broker Warrant will entitle the holder to acquire one Common Share at a price of $0.08 per Broker Warrant for a period of one (1) year from the date of issuance.

The proceeds of the Private Placement will be used primarily for on-going capital projects including the drilling, completing and equipping of well(s) in Ohio, USA, as well as general and corporate working capital purposes.

Tags: Marksmen Energy Inc.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml