New Zealand Energy Corp. (TSXV: NZ) Announces CAD 3Mn Private Placement and Debt Settlement

Tue 08 Jul 25, 09:39 AM |

Highlights

Non-brokered private placement priced at CAD0.18 per share for up to CAD3,000,000
CAD300,000 loan to be settled with 1,666,667 common shares issued to Charlestown
1,000,000 shares to be issued to Vliet for loan termination, subject to TSXV approval

New Zealand Energy Corp. (TSXV: NZ) has announced updates related to its previously disclosed private placement and share issuance for debt settlement. The company confirmed that Charlestown Energy Partners, LLC intends to participate in the non-brokered private placement, offering common shares at a price of CAD0.18 per share for total gross proceeds of up to CAD3,000,000.

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