New Issue: Anterra wraps C$109,900 third tranche of C$2 million stock sale

By Devika Patel

Knoxville, Tenn., Oct. 27 - Anterra Energy Inc. said it completed a third tranche of its C$2 million non-brokered private placement of stock, raising C$109,900. The deal priced Sept. 22 and Anterra closed the first tranche for C$669,908 on Oct. 10. It settled a second tranche for C$879,900 on Oct. 16.

The company will sell up to 6,666,667 class A common shares at C$0.30 each. It sold 2,233,025 shares in the first tranche and 2,933,000 shares in the second one. Anterra sold 366,333 shares in this tranche.

Proceeds will be used for exploration.

Calgary, Alta.-based Anterra, formerly Resolve Energy Inc., is an oil and natural gas exploration and production company engaged in acquiring mineral rights or prospects for exploration and development of crude oil and natural gas in Western Canada.

Issuer:	Anterra Energy Inc.
Issue:	Class A common shares
Amount:	C$2 million
Shares:	6,666,667
Price:	C$0.30
Warrants:	No
Agent:	Non-brokered
Pricing date:	Sept. 22
Settlement date:	Oct. 10 (for C$669,907.50), Oct. 15 (for C$879,900), Oct. 27 (for C$109,899.90)
Stock symbol:	TSX Venture: AE.A
Stock price:	C$0.22 at close Sept. 19

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