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Cassels Brock Represents the Agent in Strategic Oil & Gas Ltd.'s $5.75 Million Private Placement

Published: 01/31/2017

Team: Jay Goldman, Evan Low

On January 31, 2017, Strategic Oil & Gas Ltd. completed its brokered private placement offering, led by Paradigm Capital Inc., pursuant to which an aggregate of 47,916,600 common shares, including 6,249,933 shares issued upon the exercise of the agent's over-allotment option, were sold at a price of $0.12 per share, raising aggregate gross proceeds of approximately $5.75 million.

Cassels Brock acted for the agent with a team composed of Jay Goldman and Evan Low (Securities & Energy & Utilities).