Welcome To The Gale Force Petroleum HUB On AGORACOM
Edit this title from the Fast Facts Section
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: GFP alive but how well?

Open-uri
Rank: [?]
Treasurer
Points: [?]
7271
Rating: [?]
Votes: 8 Score: 2.8
  • Currently 2.9/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

GFP alive but how well?

posted on Jul 31, 10 10:37AM

New acquisitions and Private Placements like this one:

"Jul. 29, 2010 (Canada NewsWire Group) --

MONTREAL, July 29 /CNW Telbec/ - Gale Force Petroleum Inc. (TSX Venture: GFP, the "Corporation") today announced that it has engaged Alternative Investment Partners, a division of Kingsmont Investment Management Inc., to broker a best-efforts private placement financing to finance acquisitions and the development of its properties.

The Corporation expects to raise between $1,000,000 and $3,000,000 in the private placement through the issuance of Units issued at a price of $0.30. Each Unit shall consist of one common share of the Corporation and one-half warrant. Each warrant will entitle its holder to purchase one common share of the Corporation for $0.50 for a period of 18 months following the closing of the financing. The financing is subject to TSX Venture Exchange approval."

GFP share price still remains close to the pre-RS of ,005. Trading volume continues to be very low. PPs usually have a hold period of 121 days before being tradeable. Recent SP above .30 is a small improvement.

Watching only,

go

New Message

Please login to post a reply

AGORACOM Quick Tips

Bullish On China? AGORACOM Launches ChinaSecurities.com ... Check It Out

President's D.D.

New feature: Hub Presidents can add important links here.