Text Size:
A | A

3MV Energy To Raise Equity Financing

Text Size: A | A
August 20, 2012

3MV Energy Corp. (TSXV: TMV) announce that, further to its press releases dated June 1, 2012 and June 14, 2012, it is planning to raise gross proceeds of up to $10 million by way of an equity private placement.

The Financing will consist of the private placement of a combination of: (i) up to 11,111,111 units ("CDE Units"), each CDE Unit comprised of one common share issued on a Canadian Development Expense "flow-through" basis pursuant to the Income Tax Act (Canada) ("Tax Act") and one common share purchase warrant ("Warrant") ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription