Cavan Provides Financing Update

About this update from Vertical Exploration Inc.

[{"type":"text","content":"Cavan Provides Financing Update \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t Cavan Provides Financing Update\n Vancouver, British Columbia (FSCwire) - CAVAN VENTURES INC. (V:CVN.H) (‘‘Cavan’’ or the ‘‘Company’’) announces it intends to rely on the \"investment dealer\" prospectus exemption, among other prospectus exemptions, with respect to the private placement.  As such, the Issuer confirms that there is no material fact or material change about Cavan that has not been generally disclosed.\n\n \n\nThe proceeds of the offering (assuming it is fully subscribed) will be used as follows:\n\n \n\n\n\t\n\t\t\n\t\t\t \n\t\t\t\n\t\t\tEstimated Cost ($)\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\tTo fund remaining costs to complete the St-Onge Acquisition\n\t\t\t\n\t\t\t\n\t\t\t50,000\n\t\t\t\n\t\t\n\t\t\n\t\t\t\n\t\t\tTo repay indebtedness owing to an arm's length party\n\t\t\t\n\t\t\t\n\t\t\t200,000\n\t\t\t\n\t\t\n\t\t\n\...

More updates from Vertical Exploration Inc.