Tanager Energy Inc.

March 19, 2014 10:30 ET

Tanager Energy Inc. Announces Non-Brokered Private Placement Acceptance

CALGARY, ALBERTA--(Marketwired - March 19, 2014) - Tanager Energy Inc. ("Tanager") (TSX VENTURE:TAN) is pleased to announce that on February 24, 2014 the TSX Venture Exchange accepted for filing documentation with respect to the closing of a Brokered Private Placement announced December 24, 2013 and closed in tranches on January 16, 2014 and January 27, 2014.

Number of Securities: 5,000,000 share units ("Units")
Each Unit consists of one common share and one common share purchase warrant
Purchase Price: $0.05 per Unit
Warrants: 5,000,000 share purchase warrants to purchase 5,000,000 shares
Warrant Exercise Price: $0.10 until December 31, 2015
Number of Placees: 9 placees
Insider / Pro Group Participation:
Name Insider=Y, # of Units
John Squarek Y 2,400,000
Finder's Fee: None

Tanager Energy Inc. is a Lethbridge, Alberta based corporation engaged in the exploration for oil and gas and minerals. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "TAN".

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

  • Tanager Energy Inc.
    John Squarek BSc, P. Eng., MBA
    President and Chief Executive Officer