skip to main content

Kingsland Energy Corporation

Kingsland Energy Corp. is a technology driven Saskatchewan based company focused on exploiting oil opportunities in Southern Saskatchewan, Manitoba and Alberta.

Kingsland arranges $1-million private placement

Kingsland arranges $1-million private placement

News Release

Mr. Mark Kilback reports

KINGSLAND ENERGY CORP. ANNOUNCES PROPOSED PRIVATE PLACEMENT

Kingsland Energy Corp., conditional upon TSX Venture Exchange Inc. approval, will issue 2.5 million common shares for a price of 40 cents per common share for the gross proceeds of $1-million. The private placement is a non-brokered private placement. Currently, Kingsland has 67,714,371 common shares issued and outstanding. After issuance, Kingsland will have 70,214,371 common shares issued and outstanding.

Proceeds of the private placement will be used to accelerate Kingsland's development drilling program.

© 2016 Kingsland Energy Corporation. Site by: AdSpark