Brief: Jericho Oil To Raise $5 Million CAD In Equity Financing For Future Acquisitions

Jericho Energy Ventures

23/04/2020 22:22

April 23 (Reuters) - Jericho Oil Corp  JCO.V :
    * JERICHO OIL TO RAISE $5 MILLION CAD IN EQUITY FINANCING
FOR
FUTURE ACQUISITIONS
    * JERICHO OIL CORP - NON-BROKERED PRIVATE PLACEMENT OF ABOUT
50
MILLION UNITS AT PRICE OF C$0.10 PER UNIT
    * JERICHO OIL CORP - NET PROCEEDS FROM OFFERING WILL BE USED
PRIMARILY FOR ACQUISITION OF ASSETS DURING CURRENT MARKET
DOWNTURN

Source text for Eikon:  ID:nGNX5LtZbJ 
Further company coverage:  JCO.V 

 (Reuters.Briefs@thomsonreuters.com)