Brief: Windfire signs agreement to acquire off-shore oil blocks in Namibia
24/07/2017 21:07
July 24 (Reuters) - Windfire Capital Corp WIFh.V
* Windfire signs agreement to acquire off-shore oil blocks
in Namibia
* Windfire Capital Corp - Intends to complete private
placement for gross proceeds of up to $5 million at price of
$0.25 per subscription receipt
* Windfire Capital Corp - Finder's fees are expected to be
paid in connection with financing on such terms
* Windfire Capital Corp - Windfire has not yet retained a
sponsor in connection with acquisition
* Windfire Capital- signed LOI with dminer asset management
under which co proposes to acquire 91.5% of issued, outstanding
shares of Riviera Mina Ltd
Source text for Eikon: ID:nCCNVs8LDa
Further company coverage: WIFh.V
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Brief: Windfire signs agreement to acquire off-shore oil blocks in Namibia