Canadian Superior Energy Inc. (TSX: SNG) (AMEX: SNG) has closed its non-brokered private placement. The company's private placement was oversubscribed for and the company raised Cdn$59,500,604 through issuing 114,424,238 common shares for Cdn$0.52 per common share. The company has planned to use their proceeds for exploration and development activities in its domestic and international operations as well as for general corporate purposes.
Penny Stock Professor, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Penny Stock Picks.
Canadian Superior Energy Inc. (Canadian Superior), incorporated in March 21, 1983, is engaged in the exploration for, and acquisition, development and production of petroleum and natural gas, and Liquified Natural Gas (LNG) projects, with operations in Western Canada, offshore Nova Scotia, offshore Trinidad and Tobago, the United States and North Africa.
Follow us on Twitter: http://www.twitter.com/pennystockspro
Sign up for the free Penny Stock Professor newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Us
Penny Stock Professor is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
