Vancouver, BC / ACCESSWIRE / July 23 2014 / Sunoil Ltd. Announces that the Company just closed 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. No finder's fee was 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]
CEO & President