Pieridae Energy Ltd T.PEA

Alternate Symbol(s): PTOAF

Energy Oil & Gas Integrated

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint covers over a million gross acres (807,000 net acres) in the Foothills and makes up conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include the southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale, and Burmis. The Company also has a production facility in the Northern Foothills of Alberta and in Northern BC.

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Pieridae Energy Ltd

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Post by Gerry001on Apr 17, 2012 2:43pm

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Post# 19803937

Petrolia Announces $15 Million Financing

RIMOUSKI, QUEBEC--(Marketwire - April 17, 2012) -

NOT FOR DISTRIBUTION TO PRESS SERVICES IN THE UNITED STATES AND NOT FOR CIRCULATION IN THE UNITED STATES

Pétrolia (TSX VENTURE:PEA) (the "Company") announces that it has reached an agreement with Investissement Québec under which it will purchase 7,042,254 units ("Units") of the Company at $1.42 per Unit (the "Issue Price") for total gross proceeds of $10,000,000 (the "Investissement Québec Private Placement"). Each Unit is made up of one common share and one-half of one common share purchase warrant; each whole purchase warrant ("Purchase Warrant") allows the bearer to acquire one common share of the Company at a price of $1.78 per common share for a period of 36 months following the closing date.

https://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=8481273

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