Brief: Bayshore Petroleum provides update on E-T Energy discussions
07/09/2016 23:48
Sept 7 (Reuters) - Bayshore Petroleum Corp BSH.V
* Provides update: non-brokered private placement financing
and update on E-T Energy Ltd. discussions
* Announced intention to complete a non-brokered private
placement of securities consisting of 2.67 million common shares
at $0.1125 per share for gross proceeds of $300,000
* Proceeds from financing are to be applied to general
working capital
* ET advised Bayshore that ET shareholders have ultimately
decided not to proceed with corporate restructure
Source text for Eikon: urn:newsml:reuters.com:*:nCCN9NBWCL
Further company coverage: BSH.V
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