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GEOROX RESOURCES INC. CLOSES TWO SEPARATE PRIVATE PLACEMENTS FOR AGGREGATE GROSS PROCEEDS OF $2.52 MILLION
GEOROX RESOURCES INC. CLOSES TWO SEPARATE PRIVATE PLACEMENTS FOR AGGREGATE GROSS PROCEEDS OF $2.5...

About this update from Prospera Energy Inc.
[{"type":"text","content":"\n\n\n\n Oct. 14, 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\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES/\n\n\nKELOWNA, BC, Oct. 14 /CNW/ - Georox Resources Inc. ("Georox" or the "Corporation") (GXR:TSX-V; OF6A:FRA) is pleased to announce that on October 14, 2010\n it closed its previously announced non-brokered private placement (the\n "First Private Placement") of 6,000,000 units of the Corporation ("First Private Placement Units") at a subscription price of $0.22 per First Private Placement Unit and\n its previously announced non-brokered private placement (the "Second Private Placement") of 4,000,000 units of the Corporation ("Second Private Placement Units") at a subscription price of $0.30 per Second Private Placement Unit, for\n aggregate gross proceeds from the First Private Placement and the\n Second Private Placement of $2,520,000.  Both the First Private\n Placement and the Second Private Placement were fully subscribed and\n the proceeds of such private placements will be used for general\n working capital purposes.\n\n\nEach First Private Placement Unit is comprised of one common share of\n the Corporation (a "Common Share") and one-half of one Common Share purchase warrant (each whole Common\n Share purchase warrant a "First Private Placement Warrant"). Each whole First Private Placement Warrant entitles the holder\n thereof to...