Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/financial/money/otis-energy-announces-strategic-shareholder-placem.shtml

Otis Energy announces strategic shareholder placement

Otis Energy Limited is undertaking a two tranche private placement to Oil & Gas Exploration Limited (OGL) to raise $1 million before

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Otis Energy Limited

Otis Energy Limited is undertaking a two tranche private placement to Oil & Gas Exploration Limited (OGL) to raise $1 million before costs (Placement).

In conjunction with the Placement, Otis is pleased to announce the appointment of Mr. Alan Beasley as a Non‐Executive Director who will join the board upon conclusion of the Placement.

Alan is a highly experienced company director with over twenty years experience within the finance industry. Alan has an extensive network of key stakeholders both nationally and internationally and will bring a wealth of experience and expertise to the Otis board.

Tags: Otis Energy Limited