Platino Energy Corp.
TSX VENTURE : PZE

Platino Energy Corp.

May 22, 2013 18:05 ET

Platino Energy Corp. Announces Completion of $660,000 Private Placement and Update to Corporate Presentation

CALGARY, ALBERTA--(Marketwired - May 22, 2013) - Platino Energy Corp. ("Platino") (TSX VENTURE:PZE) is pleased to announce that it has completed its previously announced non-brokered private placement offering (the "Offering") of 550,000 common shares of the Corporation (the "Common Shares") at a price of $1.20 per Common Share for gross proceeds of $660,000. Subscribers for Common Shares in the Offering have agreed not to resell their shares prior to the end of a six-month period, which expires on November 22, 2013. The Company has also updated its corporate presentation, which will be available on the Company's website at www.platinoenergy.com.

About Platino Energy Corp.

Platino is a Calgary, Alberta headquartered resource company engaged in the exploration for, and the acquisition, development and production of hydrocarbons in Colombia.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Platino Energy Corp.
    Tyler Rimbey
    Vice President, Business Development
    403-262-6046