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QEC — Questerre Energy (Canada) News Story

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Brief: Questerre announces private placement of 34.9 mln shares at C$0.89 per share

Sept 29 (Reuters) - Questerre Energy Corp  QEC.TO  -  
    * Questerre announces successful private placement 
    * Private placement of up to 34.9 million shares has been 
over-subscribed at price of 5.70 NOK or C$0.89 per common share 
    * Says gross proceeds are estimated at 198.9 million NOK or 
approximately C$31 million 
 
Source text for Eikon:  ID:nCCNtkPM3a  
Further company coverage:  QEC.TO  
 
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