Bullboard - Stock Discussion Forum Compliance Energy Corp CPYCF

Energy Metals & Mining Industrial Metals & Minerals

Compliance Energy Corp Is a Canada-based exploration and development company. The company is engaged in the exploration and development of resource properties. The firm is an exploration and development company working on resource properties it has staked or acquired, principally on Vancouver Island. It has interest in Comox Joint Venture (CJV), which holds the Raven Underground Coal Mining... see more

Add To Watchlist

GREY:CPYCF - Post Discussion

Compliance Energy Corp > CEC announces private placement

View:

Post by supra48 on May 05, 2014 9:46pm

CEC announces private placement

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.

180