Compliance Energy Corp CPYCF

CEC announces private placement

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Compliance Energy announces private placement PR Newswire VANCOUVER, May 5, 2014 TSX-V TRADING SYMBOL: CEC VANCOUVER, May 5, 2014 /PRNewswire/ - Compliance Energy Corporation ("Compliance" or the "Company") intends to complete a private placement of up to 16,000,000 common shares at a price of $0.025 per share, to raise gross proceeds of approximately $400,000 (the "Private Placement"). The proceeds from the Private Placement will be used in connection with the Company's Raven Project and working capital. The Private Placement, including the pricing, are subject to the approval of the TSX Venture Exchange. The shares will be subject to a four month hold period.