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Return Energy Announces $899,000 Flow-Through Private Placement
Return Energy Announces $899,000 Flow-Through Private Placement Canada NewsWire ...
About this update from Spartan Delta Corp
[{"type":"text","content":"\n\n\n\nReturn Energy Announces $899,000 Flow-Through Private Placement\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. 28, 2017\n\n\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW./ \n\n\n\nCALGARY, Nov. 28, 2017 /CNW/ - Return Energy Inc. (\"Return\" or the \"Company\") (TSX-V: \"RTN\") is pleased to announce that it intends to complete a non-brokered private placement (the \"Offering\") of common shares (the \"Flow-Through Shares\") at a price of $0.10 per Flow-Through Share for aggregate gross proceeds of up to $899,000.  The Flow-Through Shares will be issued on a Canadian-exploration expense flow-through basis under the Income Tax Act (Canada). \n\nThe proceeds of the Offering will be used by Return to further its development activities in the Rycroft, Gordondale and Valhalla areas of Alberta. \n\nThe Company intends to close the Offering on or around December 15, 2017. The Company may pay finder's fees consisting of cash and/or common shares pursuant to the closing of the Offering. \n\nThe completion of the Offering is subject to the Company receiving all necessary regulatory approvals, including approval from the TSX Venture Exchange.\n\nFor further information \n\nThis news release is reproduced on Return's website at www.returnenergyinc.com. For this and further information about Return please visit the website or contact Ken Tompson (President & CEO) at 403-265-8011 ext. 224. \n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\nReader AdvisoriesForward-Looking Statements.  This news release contains forward-looking statements and information. More particularly, this document contains statements and information concerning the closing of the Offering and the use of proceeds. Forward-looking information is frequently chara...