Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/financial/money/artisan-energy-increases-its-convertible-debenture.shtmlArtisan Energy increases its convertible debenture Private Placement
Artisan Energy Corporation announces that its non-brokered private placement of up to $5.0 million
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Artisan Energy Corporation announces that its non-brokered private placement of up to $5.0 million of secured convertible debentures (the "Convertible Debentures") has been over-subscribed. Artisan and Richardson GMP Limited (RGMP) have collectively received subscriptions for $5.362 million of the Convertible Debentures.
Given the size and level of interest for the Convertible Debentures, Artisan and RGMP have decided to increase the maximum subscription amount to $8.0 million and Artisan has retained RGMP to act as agent on a brokered private placement of the Convertible Debentures (the "Offering").
