July 24, 2012 17:06 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 24, 2012) - Warrior Energy N.V. ("Warrior" or the "Company") (TSX VENTURE:WEN) is pleased to announce that the non-brokered private placement (the "Private Placement") previously announced on May 4, 2012 has closed. The closing of the Private Placement occurred on May 17, 2012 and consists of 120,000 common shares (each, a "Share") at a price of $0.87 per Share for gross proceeds of $104,400. The Shares issued are subject to a four-month hold period expiring on September 18, 2012 under applicable securities laws imposed by the TSX Venture Exchange. The Company intends to use proceeds from the Private Placement for general working capital purposes.
NEITHER THE TSX VENTURE EXCHANGE INC. NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICES OF THE TSX VENTURE EXCHANGE INC.) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.
Warrior Energy N.V.Urs Meisterhans+41 44 913 36 01www.warrior-energy.com
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