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Adira Expects Gross Proceeds of $15million from Public Offering of Common Shares
Apr. 04, 2012 01:22PM PST
Resource Investing News Adira Energy Ltd.(TSXV:ADL) announced the filing of a short form prospectus on its fully marketed public offering of common shares. Adira expects the gross proceeds of the offering to amount to $15 million and the closure to take place on April 25, 2012.
As quoted in the press release:
The Company expects that gross proceeds of the Offering will be approximately C$15 million, however the final terms of the Offering, including size and price, will be determined in the context of the market.
Click here to read the Adira Energy Ltd. (TSXV:ADL) press release
Click here to see the Adira Energy Ltd. (TSXV:ADL) profile
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