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JESMOND CAPITAL ANNOUNCES NON-BROKERED PRIVATE PLACEMENTS IN CONNECTION WITH QUALIFYING TRANSACTION TO BECOME NORTH SEA FOCUSED OIL AND GAS EXPLORATION AND DEVELOPMENT COMPANY
JESMOND CAPITAL ANNOUNCES NON-BROKERED PRIVATE PLACEMENTS IN CONNECTION WITH QUALIFYING TRANSACTI...
About this update from Jesmond Capital Ltd.
[{"type":"text","content":"\n \n \n \n JESMOND CAPITAL ANNOUNCES NON-BROKERED PRIVATE PLACEMENTS IN CONNECTION WITH QUALIFYING TRANSACTION TO BECOME NORTH SEA FOCUSED OIL AND GAS EXPLORATION AND DEVELOPMENT COMPANY\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt initial; BORDER-RIGHT:black 0pt initial; BORDER-BOTTOM:black 0pt initial; BORDER-LEFT:black 0pt initial\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt initial; BORDER-RIGHT:black 0pt initial; BORDER-BOTTOM:black 0pt initial; BORDER-LEFT:black 0pt initial\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /\n \n NOT FOR DISTRIBUTION OR DISSEMINATION IN\n \n THE UNITED STATES\n \n . FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF\n \n UNITED STATES\n \n SECURITIES LAWS./\n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Feb. 13, 2023\n \n \n /CNW/ -\n \n Jesmond Capital Ltd.\n \n (TSXV: JES.P) (\"\n \n Jesmond\n \n \" or the \"\n \n Company\n \n \") is pleased to announce proposed non-brokered private placements for minimum gross proceeds of\n \n CAD$6.0 million\n \n and maximum gross proceeds of\n \n CAD$8.5 million\n \n (collectively, the \"\n \n Private Placements\n \n \").\n \n \n These Private Placements are being completed in conjunction with the previously announced proposed \"Qualifying Transaction\" (the \"\n \n Transaction\n \n \") pursuant to the policies of the TSX Venture Exchange (the \"\n \n Exchange\n \n \"), with the result that the Company will acquire Quattro Energy Limited (\"\n \n Quattro\n \n \"). Upon completion of the Transaction, the combined entity (the \"\n \n Resulting Issuer\n \n \") will continue the business of Quattro and will be engaged in building a portfolio of international oil and ga...