Petroforte Int'l one-million-share private placement

2013-02-25 13:36 PT - Private Placement


This is a second and final tranche closing.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 18, 2013:


Number of shares:  One million shares



Purchase price:  Five cents per share



Warrants:  One million share purchase warrants to purchase one million shares



Warrant exercise price:  10 cents for a period of two years



Number of placees:  One placee



Insider participation:  Harry Knutson -- one million



Finder's fee:  None