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TriOil Secures $28 Million Of Financing

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October 5, 2012

TriOil Resources Ltd. (Toronto Venture: TOL) announced that it has closed its previously announced offering of 7,845,000 class A shares at a price of $2.55 per common share and 2,917,288 common shares to be issued on a "flow-through" basis at a price of $3.00 per flow-through share through a syndicate of underwriters co-led by Canaccord Genuity Corp., GMP Securities LP, Dundee Securities Ltd., TD Securities Inc., AltaCorp Capital Inc., Haywood Securities Inc., Cormark Securities Inc., Raymond James Ltd., and Desjardins Securities Inc. for gross aggregate proceeds of $28,756,614.

TriOil will ...

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