Brief: Pulse Oil Announces Public Equity Offering And Concurrent Strategic Private Placement
15/10/2018 21:25
Oct 15 (Reuters) - Pulse Oil Corp PUL.V :
* PULSE OIL ANNOUNCES PUBLIC EQUITY OFFERING AND CONCURRENT
STRATEGIC PRIVATE PLACEMENT TO FUND BIGORAY ENHANCED OIL
RECOVERY AND MULTI-WELL DRILL PROGRAM
* PULSE OIL - INTENDS TO COMPLETE PRIVATE PLACEMENT WITH
CERTAIN
INVESTORS, WHERE CO WILL ISSUE UNITS FOR EXPECTED GROSS PROCEEDS
OF $5.5 MILLION
* PULSE OIL CORP - UPON CLOSING OF STRATEGIC INVESTMENT,
WILL ADD
1 NEW MEMBER TO BOARD OF DIRECTORS, DANIEL BOLSTAD
* PULSE OIL CORP - HAS ALSO FILED A PRELIMINARY SHORT-FORM
PROSPECTUS IN CONNECTION WITH OFFERING FOR PROCEEDS OF ABOUT
$2.5 MILLION
Source text for Eikon: ID:nGNX58K6BK
Further company coverage: PUL.V
((Reuters.Briefs@thomsonreuters.com;))
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