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BRIEF-Pulse Oil Announces Public Equity Offering And Concurrent Strategic Private Placement

Published 2018-10-15, 04:25 p/m
Updated 2018-10-15, 04:30 p/m
BRIEF-Pulse Oil Announces Public Equity Offering And Concurrent Strategic Private Placement

Oct 15 (Reuters) - Pulse Oil Corp PUL.V :

* PULSE OIL ANNOUNCES PUBLIC EQUITY OFFERING AND CONCURRENT STRATEGIC PRIVATE PLACEMENT TO FUND BIGORAY ENHANCED OIL RECOVERY AND MULTI-WELL DRILL PROGRAM

* PULSE OIL - INTENDS TO COMPLETE PRIVATE PLACEMENT WITH CERTAIN INVESTORS, WHERE CO WILL ISSUE UNITS FOR EXPECTED GROSS PROCEEDS OF $5.5 MILLION

* PULSE OIL CORP - UPON CLOSING OF STRATEGIC INVESTMENT, WILL ADD 1 NEW MEMBER TO BOARD OF DIRECTORS, DANIEL BOLSTAD

* PULSE OIL CORP - HAS ALSO FILED A PRELIMINARY SHORT-FORM PROSPECTUS IN CONNECTION WITH OFFERING FOR PROCEEDS OF ABOUT $2.5 MILLION

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