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Petrichor Energy Inc V.PTP.H

Alternate Symbol(s):  ODEFF

Petrichor Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on acquiring, exploring and developing new oil and natural gas reserves in North and South America. Its property consists of Marble Falls Property. The Marble Falls Property covers approximately 11,695 acres of oil-rich Pennsylvanian Limestone, located in the Forth Worth Basin, North Texas in various counties, namely Young, Jack, Archer and Clay Counties. The Company has acquired a 66.67% working interest in Marble Falls Property. Its additional formation targets include the Atoka Conglomerates, the Caddo Limestone and the Mississippi Limestone (Chester Lime and Chappel Lime).


TSXV:PTP.H - Post by User

Post by stockeditoron Jun 18, 2014 4:42pm
203 Views
Post# 22672775

Insider invests $500,000 of PP, This is great NEWS!!!!!!!!!!

Insider invests $500,000 of PP, This is great NEWS!!!!!!!!!!

 

Petrichor Energy 11,792,857-share private placement

2014-06-17 19:40 ET - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 2, 2014.

 

Number of shares:  11,792,857 shares

Purchase price:  35 cents per share

Warrants:  5,896,429 share purchase warrants to purchase 5,896,429 shares

Warrant exercise price:  75 cents for a one-year period

Number of placees:  13 placees

Insider:  Simco Services Inc. (Joe DeVries), 500,000

Finder's fee:  $17,375 payable to Peter Nesveda

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