Petromanas Energy Amends Terms Of Its $60,000,000 Private Placement Offering
Investing News Network - May 10th, 2010
Petromanas Energy Inc. (TSX VENTURE:PMI) reported that the company has amended the terms of its previously announced private placement offering of units.
Petromanas Energy Inc. (TSX VENTURE:PMI) reported that the company has amended the terms of its previously announced private placement offering of units.
The press release is quoted as saying:
Each Unit consists of one common share (“Common Share”) and one-half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder to acquire one additional Common Share of the Company at a price of $0.60 per share for a period of 24 months from closing of the Offering