Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/financial/money/eguana-to-issue-314000-flow-through-exchangeable-l.shtmlEguana to issue $314,000 flow-through exchangeable LP units
Eguana Technologies Inc. is raising $314,000 by way of a private placement (the "Private Placement") of limited partnership
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Eguana Technologies Inc. is raising $314,000 by way of a private placement (the "Private Placement") of limited partnership units (LP Units) of its subsidiary EGT Markets Limited Partnership (Partnership) at a price of $1,000 per LP Unit.
The Company has the right to acquire the LP Units in exchange for common shares of Eguana (Common Shares) after December 31, 2014, at an exchange ratio of 3,030 Common Shares for one LP Unit, which would result in an effective exchange price of $0.33 per Common Share.
