News - Molori Energy Announces $850,000 Non-Brokered PrivateHow the hell can they persuade anyone to buy their new shares without any news?
Molori Energy Announces $850,000 Non-Brokered Private Placement
(Vancouver, BC- September 3, 2019) Molori Energy Inc. (TSXV: MOL | OTC: MOLOD) ("Molori" or the “Company”) is pleased to announce a non-brokered private placement of up to 5,666,667 common shares (the “Common Shares”) at a price of $0.15 per Common Share, for aggregate gross proceeds of up to $850,000 (the “Private Placement”).
In connection with the Private Placement, the Company may pay a finder’s fee within the amount permitted by the policies of the TSX-V.
Closing of the Private Placement is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval from the TSX-V. All securities issued in connection with the Private Placement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.
The net proceeds from the Private Placement will be used for general corporate and working capital purposes.
For further information, please contact Joel Dumaresq CEO and Director Molori Energy Inc. (604) 336 3193 joel@molorienergy.com