Pulse Oil Announces Filing of Final Prospectus

About this update from Pulse Oil Corp.

[{"type":"text","content":"\n\n\n\nPulse Oil Announces Filing of Final Prospectus\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Nov. 13, 2018\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./\n CALGARY, Nov. 13, 2018 /CNW/ - Pulse Oil Corp. (TSX-V:PUL and PUL.WT) (the \"Company\" or \"Pulse\") is pleased to announce that it has filed a final short form prospectus in connection with the offering (the \"Offering\") of up to 11,363,600 flow-through common shares of the Corporation (\"FT Shares\") at a price of C$0.22 per FT Share (the \"FT Price\") and up to 14,285,700 units of the Corporation (\"Units\" together with the FT Shares, the \"Offered Securities\") at a price of C$0.21 per Unit (the \"Unit Price\" and together with the FT Price, the \"Offering Price\") for aggregate proceeds of up to C$5,499,989. The aggregate gross proceeds raised under the Offering combined with the Strategic Investment (as described below) totals approximately $10,999,990.11, prior to the exercise of the Over-Allotment Option. \nEach Unit will be comprised of one common share in the capital of the Corporation (each, a \"Common Share\") and one-half of one Common Share purchase warrant (each whole warrant, a \"Warrant\"), and each FT Share will be comprised of one common share to be issued on a \"flow-through\" basis within the meaning of the Income Tax Act (Canada). Each Warrant shall entitle the holder thereof to acquire one Common Share (each, a \"Warrant Share\") at an exercise price of C$0.30 per Warrant Share for a period of 24 months following the closing of the Offering.\nThe Offering is being undertaken pursuant to the terms and conditions of an agency agreement dated October 15, 2018 between the Company and Mackie Research Capital Corporation as sole agent and sole bookrunner (the \"Agent\"). In addition, the Company has granted the Agent an option (\"Over-Allotment Option\") to purchase up to an additional 2,142,855 Units at the Unit Price to cover over-allotments, if any. The Over-Allotment Option shal...

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