![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | - |
THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Realm Energy International Corporation ("Realm Energy" or the "Company") (TSX VENTURE:RLM) (www.realmenergy.ca) is pleased to announce that on December 10, 2010, it closed the non-brokered private placement announced on November 22, 2010 (the "Private Placement"). The Private Placement consisted of the sale of 20,000,000 units at a price of $0.75 per unit for gross proceeds of CDN $15 million. Each of the units comprises one common share of the Company and one transferable common share purchase warrant, with each warrant being exercisable to acquire one further common share of the Company at an exercise price of CDN $1.00 per common share. Warrants issued in connection with the Private Placement can be exercised until December 10, 2012. In connection with the Private Placement, the Company paid finders' fees of $439,350 in cash and issued 800,000 finders units to Peninsula Merchant Syndications Corporation, Paradigm Capital Inc., and Canaccord Genuity Corp., all of which acted as strategic advisor to the Company. BMO Nesbitt Burns also received 176,333 finders units. The Private Placement remains subject to final acceptance by the TSX Venture Exchange. The common shares and warrants issued in the Private Placement will be restricted from trading for a period of four months from the date of issuance, in compliance with TSX Venture Exchange policies and applicable securities laws. Operations Realm Energy has acquired oil and gas exploration concessions in Poland and Germany, and is actively pursuing oil and gas exploration rights in a choice of organically rich shale plays in other European countries. Additionally, the Company is involved in varying stages of joint venture negotiations through which to undertake exploration programs on Realm Energy's developing portfolio of European shale plays. For more information, please visit Realm Energy's website at www.realmenergy.ca. REALM ENERGY INTERNATIONAL CORPORATION Craig Steinke, Chairman & CEO CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" within the meaning of applicable Canadian provincial securities legislation. Forward-looking statements include, but are not limited to statements with respect to the proposed use of the net proceeds of the Private Placement (as defined above). Forward-looking statements are necessarily based upon estimates and assumptions that, while considered by the Company's management to be reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; or delay or failure to receive regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law or the policies of the TSX Venture Exchange. THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. THE SECURITIES TO BE ISSUED UNDER THE PRIVATE PLACEMENT HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 (AS AMENDED) OR ANY STATE SECURITIES LAWS, AND UNLESS SO REGISTERED MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES ACT OF 1933 AND APPLICABLE STATE SECURITIES LAWS. THIS PRESS RELEASE IS ISSUED PURSUANT TO RULE 135(C) OF THE UNITED STATES SECURITIES ACT OF 1933 (AS AMENDED), AND DOES NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF SECURITIES OF THE COMPANY IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
1 Year Realm Energy International Cp Chart |
1 Month Realm Energy International Cp Chart |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions