Mesa Exploration Closes $110,000 Financing

Mesa Exploration Corp. (TSXV:MSA) reported the closing of a for $110,000 non-brokered private placement previously announced on June 24, 2013.

As quoted in the press release:

The private placement resulted in the issuance of up to 1,375,000 units (the “Units”) at a price of $0.08 per Unit for gross proceeds of $110,000. Each Unit consists of one common share (a “Share”) in the capital of Mesa and one non-transferable common share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder thereof to purchase one additional common share (a “Warrant Share”) in the capital of Mesa at a price of $0.15 per Warrant Share. The warrants will expire 36 months from the date of issue. The securities issued under the Offering are subject to a four month hold period under applicable Canadian securities laws. The Company retracts a previously gazetted placement of a 1,875,000 unit offering at identical terms.

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