Anterra Energy Inc. (OTC: ATERF; TSXV: AE-A) completed the financing with Huisheng Group Co. Ltd. of Hebei, China.
Huisheng has acquired some 106.1 million class A common shares at C $0.066 per share, which represents 21.3% of Anterra's issued and outstanding class A common shares. Huisheng now holds some 107.4 million shares of Anterra, representing 21.6% of Anterra's issued and outstanding class A common shares.
Huisheng's nominee, Guangzhen Song, will be nominated as a director of Anterra, for election at the company's next annual shareholders' meeting.
Huisheng has acquired the ...