Oil and Gas Investing News » PanWestern Energy reports Closing of Bought Deal Financing of $24 Million

PanWestern Energy reports Closing of Bought Deal Financing of $24 Million

April 16, 2010 @ 11:47 am In Oil & Gas Company News

PanWestern Energy Inc.(TSX VENTURE:PW) announced that the company has closed its previously announced private placement of 51,100,000 special warrants at a price of $0.47 per special warrant for aggregate gross proceeds of $24,017,000.

The press release is quoted as saying:

PanWestern Energy Inc. is a Calgary, Alberta based public company engaged in the exploitation, development and production of petroleum and natural gas. The Corporation's common shares are listed on the TSXV under the trading symbol "PW".

Click here to access the entire press release ^[1]

Click here to access PanWestern Energy Corporate Site ^[2]

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/PanWestern-Energy-Inc-Announces-Closing-of-Bought-Deal-Financing-of-24-Million-TSX-VENTURE-PW-1149016.htm

[2] Click here to access PanWestern Energy Corporate Site: http://www.panwesternenergy.com