By Laura Lutz
Washington, Nov. 28 - NuLoch Resources Inc. announced that it arranged a private placement for up to C$2,250,040.
The company plans to sell up to 1,730,800 flow-through class A shares at C$1.30 each.
GMP Securities LP is acting as agent for the deal.
Settlement is expected on Dec. 12, subject to regulatory approvals.
Following closing of the placement, NuLoch expects to have 15,196,995 class A shares outstanding.
Located in Calgary, Alta., NuLoch is an oil and natural gas exploration company.
| Issuer: | NuLoch Resources Inc.
|
| Issue: | Flow-through class A shares
|
| Amount: | C$2,250,040
|
| Shares: | 1,730,800
|
| Price: | C$1.30
|
| Warrants: | No
|
| Agent: | GMP Securities LP
|
| Pricing date: | Nov. 28
|
| Settlement date: | Dec. 12
|
| Stock symbol: | TSX Venture: NLR.A
|
| Stock price: | C$1.20 at close Nov. 28
|
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