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EQE Announces Private Placement |
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Written by EQE Staff
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Tuesday, 29 January 2008 |
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2008-01-25 Equus Energy Corp. has closed a private placement of 5,031,400 units of the company to directors and a family member at a price of five cents per unit, for total proceeds of $251,570. Each unit consists of one common share and one non-transferable share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of 10 cents until Dec. 28, 2009.
The company intends to use the proceeds from the private placement to finance the development of the company's oil and gas properties and for general working capital. |
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Last Updated ( Tuesday, 29 January 2008 )
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Written by EQE Staff
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Friday, 04 January 2008 |
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Equus Energy Corp., as part of its continuing exploration program in the Sangudo area of Alberta, where Equus holds a 100-per-cent interest in petroleum and natural gas rights covering 4,480 acres, has completed the drilling of the first test well at 9-5-57-6 W5M. |
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Last Updated ( Saturday, 05 January 2008 )
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Written by EQE Staff
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Monday, 17 December 2007 |
Equus Energy Corporation Subsidiary To Have Dual Listing
Mr. Stanley Lanzet reports that Equus Energy Corporation (TSX-V: EQE) has begun the process of taking public its 100%-owned subsidiary, Equus Energy Financial Corporation (EEFC). EQE plans to list EEFC in Canada on the CNQ and in the United States on the OTC Bulletin Board.
EEFC will function as EQE’s financing arm. |
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Last Updated ( Monday, 17 December 2007 )
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