Canadian Energy Exploration Inc. (TSX-V: XPL) has announced a non-brokered private placement of common shares for a price of $0.15 per share and flow-through (FT) common shares for $0.20 per FT share for total gross proceeds of up to $1,500,000. The company’s officers and directors will have the option to subscribe under the offering for up to $500,000 in proceeds.
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Canadian Energy Exploration is a junior oil and gas company engaged in the exploration for and development and production of natural gas and oil reserves. The Company's Common Shares are listed to trade on the TSX Venture Exchange under the symbol "XPL".
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