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BKS Berkley Renewables Inc

0.04
0.00 (0.00%)
09 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Berkley Renewables Inc CSE:BKS CSE 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% 0.04 0.04 0.04 0 01:00:00

Berkley Renewables Announces Private Placement

01/08/2012 9:10pm

Marketwired Canada


Berkley Renewables Inc. ("Berkley" or the "Company") (CNSX:BKS) (FRANKFURT:WKN
871666)(BERLIN:WKN 871666) is pleased to announce a non-brokered private
placement consisting of up to 5,000,000 units (the "Units") at a price of $0.10
per Unit for gross proceeds of up to $500,000. Each Unit consists of one common
share and one-half of one common share purchase warrant (the "Warrant"). Each
whole Warrant will entitle the holder thereof to purchase one additional common
share (the "Warrant Shares") of the Company at a price of $0.20 per Warrant
Share for a period of two years following the close of the private placement.
Proceeds arising from the sale of the Units will be used for general working
capital purposes.


Berkley Renewables Inc. is a growth-oriented oil and gas issuer pursuing
renewable energy opportunities, primarily in the solar energy sector. 


ON BEHALF OF THE BOARD

Matt Wayrynen, President and Chief Executive Officer

This release may contain statements that are considered as forward-looking
statements and are subject to various risks and uncertainties concerning the
specific factors disclosed under the heading "Risk Factors" and elsewhere in the
Company's periodic filings with Canadian securities regulators. Such information
contained herein represents management's best judgment as of the date hereof
based on information currently available. The Company does not assume the
obligation to update any forward-looking statement.


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