Exall Energy Corporation (TSX:EE) announced a private placement of 15,000,000 common shares at CAD 0.20 per share for gross proceeds of CAD 3,000,000 on September 25, 2014. The closing of the transaction is subject to the approval of the Toronto Stock Exchange, and the common shares to be issued will be subject to a standard four month and one day resale restriction.
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- News Extended Systems, Inc.
- Exall Energy Corporation announced that it expects to receive CAD 3 million in funding.