----- Hydrocarbons Announces Private Placement Financing

 
------- Hydrocarbons Announces Private Placement Financing
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CALGARY, ALBERTA -- (Marketwire) -- 12/14/12 -- ----- Hydrocarbons Inc. (------- or the "Company") (TSX VENTURE:----) announced today that it is proceeding with a non-brokered private placement (the "Offering") of up to 25,000,000 million units at a price of $0.02 per unit for gross proceeds of $500,000. Each Unit will consist of one common share and one-half of one share purchase warrant. Each whole warrant is exercisable at a price of $0.05 at any time within 12 months from the date of issue, and at a price of $0.10 thereafter until two years from date of issue. The Offering is being made pursuant to the Bulletin of the TSX Venture Exchange ("TSXV") dated August 17, 2012 which provides for temporary relief from certain pricing requirements. Mr. -----------is expected to subscribe for 25% of the Offering ($125,000 or 6,250,000 units) with the balance of the Offering to be subscribed for by arm's length third parties.