tiprankstipranks
Marksmen Energy Sets New Private Placement Offer
Company Announcements

Marksmen Energy Sets New Private Placement Offer

Marksmen Energy (TSE:MAH) has released an update.

Pick the best stocks and maximize your portfolio:

Marksmen Energy Inc. has canceled its initial offering of 20 million units and now plans to launch a new private placement of 30 million units at a lower price, aiming to raise up to $300,000 for projects and working capital. The new units include a common share and a purchase warrant, with an acceleration clause if share prices rise significantly. Funds will be allocated to various company projects, including optimization of Ohio wells and exploration in Central Alberta, with the offer extended to existing shareholders until June 24, 2024.

For further insights into TSE:MAH stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMarksmen Energy Secures Funds Through Private Placement
TipRanks Canadian Auto-Generated NewsdeskMarksmen Energy Extends Capital Raising Deadline
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App