RE: NEWSGreat news. There's the money we needed to top off the float. I think we will have a very positive day, and it seems to me they are working towards "identifying" the resource and putting the data together that will pop this stock over the top.
The proceeds from the private placement will be used to advance the Company's project in the Republic of Iraq, including shallow drilling activities, seismic and data acquisition, topping facilities engineering and for general working capital requirements, including the ongoing development of the Company's technologies.
-Millionvester