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Factory smoke oil refinery, Roosevelt, Colorado (DI00418), Photo

Petra Petroleum Inc. Closes Private Placement Financing

Friday, September 28, 2012  

Petra Petroleum Inc. (TSX VENTURE:PTL) is pleased to announce that it has successfully completed its previously announced brokered private placement (the "Private Placement") of 22,985,000 common shares of the Corporation (the "Common Shares") at a purchase price of $0.40 per Common Share for aggregate gross proceeds of $9,194,000. The Corporation received conditional approval of the Private Pl...

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