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RLM Realm Energy International Cp

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0.00 (0.00%)
Share Name Share Symbol Market Type
Realm Energy International Cp TSXV:RLM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Peninsula Merchant Syndications Corp. Acquires Position in Realm Energy International Corporation

05/10/2010 5:29pm

Marketwired Canada


Peninsula Merchant Syndications Corp. ("Peninsula") is issuing this press
release pursuant to the early warning requirements of applicable securities laws
in Canada with respect to Realm Energy International Corporation (the "Issuer"
or "RLM").


Pursuant to a private placement, Peninsula has acquired 3,839,000 units of the
Issuer (the "Units") at a price of $0.30 per Unit. Each Unit comprises one
common share (a "Share") and one common share purchase warrant (a "Warrant").
Each Warrant will entitle the holder to acquire one additional Share of the
Issuer at a price of $0.40 per Warrant for a period of two years from the date
of issuance. In addition, Peninsula acquired a further 600,000 Units pursuant to
a finder's fee arrangement.


Peninsula currently owns 4,439,000 Shares of the Issuer representing 7.67% of
the current issued and outstanding Shares of the Issuer. Assuming full exercise
of the Warrants, Peninsula would hold approximately 14.3% of the issued and
outstanding common shares of the Issuer.


Peninsula acquired the Units for investment purposes. Peninsula may, depending
on market and other conditions, acquire additional securities of the Issuer or
dispose of all or any of its securities of the Issuer, through market
transactions, private agreements or otherwise. 


Peninsula Merchant Syndications Corp. is a private merchant bank controlled by
Sam Magid.


For additional information, or for a copy of the early warning report filed in
respect of the above transaction, please see the contact information below.


1 Year Realm Energy International Cp Chart

1 Year Realm Energy International Cp Chart

1 Month Realm Energy International Cp Chart

1 Month Realm Energy International Cp Chart