CALGARY, Alberta, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSXV: MAH) (OTCQB: MKSEF) announces that it has completed the second and final closing of its previously announced non-brokered private placement of units (the “Units”) of Marksmen (the “Offering”), which was increased pursuant to the Company's news release dated October 25, 2021. The Company issued 14,913,330 Units at a price of $0.06 per Unit for gross proceeds of $894,800, bringing the total aggregate gross proceeds raised under the Offering to $1,250,000. Each Unit is comprised of one (1) common share (“Common Share”) and one (1) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.09 per share expiring two (2) years from the date of issuance.
Marksmen Announces Final Closing of Increased Private Placement, Early Warning Report and Grant of Stock Options
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