TSXV:HRE.H - Post by User
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Cadilacon Oct 26, 2016 1:38pm
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More just out on Sedar
More just out on Sedar8 King Street East, Suite 205, Toronto, ON, M5C 1B5 Tel. (647) 426-1865, Fax. (647) 426-1869 info@stansenergy.com www.stansenergy.com SYMBOL: TSX-V: HRE October 26, 2016 OTC Pink: HREEF Stans Energy Corp Announces Revised Terms to Non-Brokered Private Placement NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES Stans Energy Corp. (TSX-V: HRE, OTCQB: HREEF), ("Stans" or the "Company") announces amended closing terms to its previously announced non-brokered private placement financing (See Press Release dated September 13, 2016 and October 4, 2016). The Proposed Offering of Common Shares The closing of the private placement has been adjusted to November 24, 2016. The private placement financing is for a placement of up to $600,000 (the “Offering Amount”) consisting of up to 12,000,000 units at a price of $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company and one share purchase warrant (each whole warrant a “Warrant”). Each Warrant will be exercisable to acquire one additional common share of the Company for a period of 60 months at a price of $0.06per common share