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FALCON OIL & GAS LTD. ANNOUNCES THE CLOSING OF FALCON AUSTRALIA PRIVATE PLACEMENT

FALCON OIL & GAS LTD. ANNOUNCES THE CLOSING OF FALCON AUSTRALIA PRIVATE PLACEMENT

articleFalcon Oil & Gas Ltd.November 17, 20103/company/falcon-oil-and-gas-ltd/news/falcon-oil-and-gas-ltd-announces-the-closing-of-falcon-australia-private-placement
FALCON OIL & GAS LTD. ANNOUNCES THE CLOSING OF FALCON AUSTRALIA PRIVATE PLACEMENT

About this update from Falcon Oil & Gas Ltd.

[{"type":"text","content":"\n\n\n\n Nov. 17, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nDENVER, Nov. 17 /CNW/ - Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon")\n announces today that, further to its press release of June 3, 2010, its\n 73.1% owned subsidiary, Falcon Oil & Gas Australia Limited ("Falcon\n Australia") has received subscriptions to its previously announced\n offering for gross proceeds of $1,217,578.00. The offering is expected\n to close imminently.  Following closing Falcon will own 72.7% of Falcon\n Australia.\n\n\nAbout Falcon Oil & Gas Ltd.\n\n\nFalcon Oil & Gas Ltd. is an international oil and gas exploration and\n production company, headquartered in Denver, Colorado, incorporated in\n British Columbia, Canada, and trading on the TSX Venture Exchange under\n the symbol "FO."  The company specializes in the business of\n unconventional and conventional oil and gas exploration and production\n and holds interests in prospective properties in Australia, Hungary,\n and South Africa.  The company is focused on discovering, acquiring,\n and maturing a globally diversified portfolio with a goal of maximizing\n shareholder value through strategic relationships.  Additional\n information concerning Falcon Oil & Gas Ltd. is available at\n www.falconoilandgas.com. Investor inquiries may be directed to\n [email protected]  \n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider\n (as that term is defined ...

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