ShaMaran Q1 2011 Financial and Operating Results

- June 10th, 2011

ShaMaran Petroleum Corp. (CVE:SNM) reports the company’s financial and operating results for the three months ended March 31st, 2011.

ShaMaran Petroleum Corp. (TSXV:SNM) reports the company’s financial and operating results for the three months ended March 31st, 2011.

The press release is quoted as saying:

Cash proceeds of $CAD 50.4 million ($CAD 49.1 million net of issuance costs) were raised by the Company through a private placement of 56 million common shares at $CAD 0.90 per share which was concluded on May 5, 2011.

Click here to access the entire press release

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