Benchmark Energy Corporation (OTCPK:BMRK) announced a private placement of common shares for gross proceeds of $15,000,000 new investor Southridge Partners II, LP, a fund managed by Southridge LLC on November 13, 2012. The investor has agreed to subscribe for the common shares of the company over the next two years.
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- Benchmark Energy Corporation announced that it expects to receive $15 million in funding from Southridge LLC.