By Devika Patel
Knoxville, Tenn., Sept. 24 - Diaz Resources Ltd. said it will conduct a C$1.6 million private placement of shares.
The company will sell 16 million common shares at C$0.10 apiece.
Settlement is expected Oct. 6.
Proceeds will be used for development.
Diaz is an oil and gas exploration and production company based in Calgary, Alta.
| Issuer: | Diaz Resources Ltd.
|
| Issue: | Common shares
|
| Amount: | C$1.6 million
|
| Shares: | 16 million
|
| Price: | C$0.10
|
| Warrants: | No
|
| Pricing date: | Sept. 24
|
| Settlement date: | Oct. 6
|
| Stock symbol: | Toronto: DZR
|
| Stock price: | C$0.095 at close Sept. 23
|
| Market capitalization: | C$6.72 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
