By Sheri Kasprzak
New York, June 29 - NuLoch Resources Inc. settled its previously announced private placement for C$5,001,475.
The company issued a total of 2,703,500 class A flow-through shares at C$1.85 each, including the greenshoe for 270,500 shares exercised by underwriter GMP Securities LP.
The deal priced June 9 as a C$4,501,050 offering of 2,433,000 shares.
Proceeds will be used for the company's capital expenditure program.
Located in Calgary, Alta., NuLoch is an oil and natural gas exploration company.
| Issuer: | NuLoch Resources Inc.
|
| Issue: | Class A flow-through shares
|
| Amount: | C$5,001,475
|
| Shares: | 2,703,500 (includes greenshoe for 270,500 shares)
|
| Price: | C$1.85
|
| Warrants: | No
|
| Underwriter: | GMP Securities LP
|
| Pricing date: | June 9
|
| Settlement date: | June 29
|
| Stock symbol: | TSX Venture: NLR-A
|
| Stock price: | C$1.50 at close June 9
|
| Stock price: | C$1.50 at close June 29
|
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