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News Room / Proposed Private Placement

Proposed Private Placement

Vancouver, BC / ACCESSWIRE / July 22 2014 / Sunoil Ltd. announces a non-brokered private placement of 13,333,333 units at $0.06 per unit for gross proceeds of $800,000.00. Each unit includes one share only. Shares issued in this offering will be subject to a 4 month hold. Finder's fees may be paid to agents. Proceeds from this private placement will be used to pay the debts generated from a recently announced business acquisiton.

Sunoil Ltd. is a producing oil & gas company with its headquarters in Vancouver, Canada and a field office in Montana, USA. The company develops its own properties and continues to seek and make acquisitions, in USA and Canada. For further information please contact (604) 662-7833 or [email protected]

Sunoil Ltd.

"Kevin Sun"

Kevin Sun

CEO & President