Flying A Petroleum rehashes private placement2006-03-30 17:09 ET - News Release
Mr. Nash Meghji reports
FLYING A PETROLEUM LTD. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Further to its news in Stockwatch on Feb. 17, 2006, Flying A Petroleum Ltd. wishes to reconfirm that it has arranged a non-brokered private placement whereby it will issue up to six million units at a price of 35 cents per unit. Each unit consists of one share and one share purchase warrant exercisable for two years at a price of 40 cents per share.
Proceeds are to be used for exploration and general working capital.
A finder's fee is payable on this transaction.
The above is subject to regulatory approval where required.
We seek Safe Harbor.
What is the point of reconfirming? Confused....