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Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Post by allnrgon Dec 04, 2017 8:14pm
221 Views
Post# 27089503

Nice reminder of a portion of the insider buys as of late

Nice reminder of a portion of the insider buys as of lateRenaissance Completes Non-Brokered Private Placement With Technical Team V.ROE | 2 hours ago Canada NewsWire VANCOUVER, Dec. 4, 2017 VANCOUVER, Dec. 4, 2017 /CNW/ - Vancouver, BC Renaissance Oil Corp. (the "Company") (TSX-V: ROE) is pleased to announce it has completed its non-brokered private placement of 4 million units with certain members of its technical team, at a price of C$0.25 per unit for aggregate gross proceeds of C$1 million (the "Offering"). Each unit comprises one common share of the Company (a "Share") and one Share purchase warrant (a "Warrant"), each Warrant exercisable to acquire one additional Share of the Company at a price of C$0.50 until December 4, 2022. The proceeds, from the Offering, will be used to develop the Company properties in Mexico and for general corporate purposes. All securities issued, pursuant to the Offering, will be subject to a hold period expiring on April 5, 2018. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities mentioned in this press release have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold within the United States except in certain transactions exempt from the registration requirements of the U.S. Securities Act. RENAISSANCE OIL CORP. Per: Craig Steinke Chief Executive Officer Read more at https://www.stockhouse.com/news/press-releases/2017/12/04/renaissance-completes-non-brokered-private-placement-with-technical-team#rxvUzlKPX1LEjR0Z.99
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