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Bullboard - Stock Discussion Forum Encore Renaissance Resources Corp V.EZ

TSXV:EZ - Post Discussion

Encore Renaissance Resources Corp > Encore Renaissance closes 12.5-million-unit financ
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Post by Numb3rs on Sep 01, 2009 8:16pm

Encore Renaissance closes 12.5-million-unit financ

Encore Renaissance closes 12.5-million-unit financing

2009-09-01 17:39 ET - News Release

Mr. Mike Mulberry reports

COMPLETION OF FINANCING

Encore Renaissance Resources Corp. has closed a private placement of 12.5 million units at 10 cents, which was announced in Stockwatch on July 17, 2009, July 24, 2009, and Aug. 24, 2009.

Dec. 27, 2009, is the following hold period expiry date in respect of the shares under the units and the shares issued upon exercise of the shares purchase warrants.

Comment by 889900 on Sep 02, 2009 1:55am
Financing closed at a dime, with holding period ending Dec. 27th..................Wonder how they got it filled considering current share price............must be friends of the company.I would think they need to get this to a dime by X-mas, or there will be some upset placement holders!