Brief: Falcon Oil & Gas Ltd. Says Received Subscription From Sheffield Holdings LP For US $10 Million Private Placement Through Issue Of 62.5 Mln Common Shares At A Price Of CAD $0.20 Per Share

Falcon Oil & Gas

31/03/2022 07:07

March 31 (Reuters) - Falcon Oil & Gas Ltd  FO.V :
    * US$10 MILLION PRIVATE PLACEMENT WITH US STRATEGIC INVESTOR
AND
US$6 MILLION ACQUISITION OF OVERRIDING ROYALTY INTEREST
    * RECEIVED SUBSCRIPTION FROM SHEFFIELD HOLDINGS LP FOR US$10
MILLION PRIVATE PLACEMENT THROUGH ISSUE OF 62,500,000 COMMON
SHARES
    * RECEIVED SUBSCRIPTION FROM SHEFFIELD HOLDINGS LP AT A
PRICE OF
CAD$0.20 PER SHARE

Source text for Eikon:  ID:nGNXbJH334 
Further company coverage:  FO.V 

 ((Reuters.Briefs@thomsonreuters.com;))