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Tamarack Valley Energy Ltd. Completes $4.5 Million Flow-Through Share Financing
Oct. 22, 2010 09:32PM PST
Oil and Gas Investing
Tamarack Valley Energy Ltd. (CVE:TVE) reports that the company has closed its previously announced brokered flow-through share financing.
Tamarack Valley Energy Ltd. (TSXV:TVE) reports that the company has closed its previously announced brokered flow-through share financing.
The press release is quoted as saying:
The proceeds of the financing will be used to accelerate the Company’s Cardium and Viking light oil exploration program by incurring eligible Canadian exploration expenses and Canadian development expenses, which will be renounced on or before December 31, 2010 to subscribers of the respective flow-through shares.
Click here to access the entire press release