Mesa Exploration Close Private Placement for Gross Proceeds of $180,000

Mesa Exploration Corp.(TSXV:MSA) announced the closing of its previously announced private placement. The Company closed the private placement of 360,000 units at $0.50 per unit for gross proceeds of $180,000.

As quoted in the press release:

Each whole Warrant entitles the holder thereof to purchase one additional common share in the capital of Mesa at a price of $0.75 per Warrant Share. The Warrants will expire 24 months from the date of issue. The securities issued under the Offering are subject to a four month hold period expiring July 21, 2012.

Click here to read the Mesa Exploration Corp. (TSXV:MSA) press release
Click here to see the Mesa Exploration Corp. (TSXV:MSA) profile