Enhanced Oil Resources Announces USD $2,500,000 Private Placement

HOUSTON, TX, May 6, 2016 /CNW/ Enhanced Oil Resources Inc. (TSX-V: EOR; OTCQX: EORIF) (the Company ) announces that that it will conduct a non-brokered private placement (the Private Placement ) of approximately 65,000,000 common shares (the Shares ) of the Company at a price of CAD $0.05 per share to raise gross proceeds of USD$2,500,000. The number of Shares to be issued will be determined by dividing the gross proceeds received by the US Dollar equivalent of CAD $0.05 on the The post Enhanced Oil Resources Announces USD $2,500,000 Private Placement appeared first on Public Wire.
http://bit.ly/1OpqLoF

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: