Brief: Raise Production Announces Private Placement For Gross Proceeds Of $2.6 Mln
11/05/2018 18:57
May 11 (Reuters) - Raise Production Inc RPC.V :
* RAISE PRODUCTION INC. ANNOUNCES PRIVATE PLACEMENT
* RAISE PRODUCTION - SYNERGY ENERGY HOLDINGS HAS ACQUIRED BY
WAY
OF A NON-BROKERED PRIVATE PLACEMENT 11 MILLION COMMON SHARES OF
CO AT $0.24 PER SHARE
* RAISE PRODUCTION INC - SYNERGY ENERGY HOLDINGS NOW HOLDS
APPROXIMATELY 9.97% OF CO'S ISSUED AND OUTSTANDING COMMON SHARES
* RAISE PRODUCTION - CO'S PROCEEDS FROM PRIVATE PLACEMENT
WILL BE
USED FOR COMMERCIALIZATION OF HIGH ANGLE LIFT SOLUTION IN U.S. &
INTERNATIONAL MARKETS
Source text for Eikon: ID:nGNX6x5Brs
Further company coverage: RPC.V
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