OTCQB:EMHTF - Post by User
Comment by
Dave4444on Dec 20, 2012 9:19am
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Post# 20754731
RE: They still have to raise a bunch of cash to cl
RE: They still have to raise a bunch of cash to cl From the news release:
Cautionary Statement
Emperor currently does not have an interest in the Sudan block 7 and will only acquire its interest upon completion of the transactions contemplated in the September 2012 Memorandum of Understanding between State Petroleum Overseas Inc. and Emperor. Closing remains conditional upon TSX Venture Exchange approval to both the transaction and the concurrent private placement.