Hemisphere Energy Announces Flow-Through Private Placement

Hemisphere Energy Corporation (TSXV:HME) reports a non-brokered private placement of up to 2,500,000 flow-through shares at a price of $0.30 per share.

The press release is quoted as saying:

Hemisphere Energy has production from 14 wells, four Halfway liquid-rich natural gas wells on its Trutch property in northeast British Columbia and ten Edmonton Sand natural gas wells on its Sylvan Lake property in central Alberta. Hemisphere Energy has an inventory of low risk development drilling locations within its Trutch and Sylvan Lake properties.

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Click here to access Hemisphere Energy’s company profile.