Brief: Petroshale Announces Financing Transaction And Operations Update

Lucero Energy

02/01/2018 12:00

Jan 2 (Reuters) - Petroshale Inc  PSH.V : 
    * PETROSHALE ANNOUNCES STRATEGIC FINANCING TRANSACTION AND 
OPERATIONS UPDATE 
    * PETROSHALE INC - ENTERED INTO AN INVESTMENT AGREEMENT WITH 
FIRST 
RESERVE FOR FINANCING FOR GROSS PROCEEDS OF US$75 MILLION 
    * PETROSHALE INC - FIRST RESERVE AGREED TO ACQUIRE US$75 
MILLION 
OF SERIES A PREFERRED SHARES IN CO'S WHOLLY OWNED SUBSIDIARY, 
PETROSHALE (US), INC 
 
Source text for Eikon:  ID:nGNXOLKNYa  
Further company coverage:  PSH.V  
 
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