Private Placement Closed


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CNSX:JEM
04/17/2014 [ACCESSWIRE]

Vancouver, British Columbia / ACCESSWIRE / April 17, 2014 / Jagercor Energy Corp. (JEM:CSE) ( the “Company” or “Jagercor”) wishes to announce that on April 17, 2014, the Company closed a non‐brokered private placement, previously announced on April 16, 2014 through the issuance of 5,000,000 Units at a price of $0.20 per Unit, for gross proceeds of $1,000,000. Each Unit is comprised of one common share and one transferable share purchase warrant exercisable at the price of $0.40 for one year; after closing of the financing. A Finder’s Fee of 8% cash will be paid on the private placement. The shares and warrants will be subject to a four month hold period. The proceeds of the financing will be used for general working capital.

On behalf of the Board of Directors

JAGERCOR ENERGY CORP.

Edgardo Russo President & CEO

For further information, please contact:

Investor Relations
Karl Antonius at 604.218.9434

We seek Safe Harbor.

 

Source: Jagercor Energy Corp.

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