Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

Genoil Announces Closing of Private Placement


Print article Print article
© Marketwire 2013
2013-02-05 19:03:22 -

CALGARY, ALBERTA -- (Marketwire) -- 02/05/13 -- Genoil Inc. ("Genoil" or the "Corporation") (TSX VENTURE:GNO) (OTCBB:GNOLF) is pleased to announce that it has closed a non-brokered private placement, pursuant to which the Corporation issued 6,815,783 common shares, at a price of Cdn $0.06 per share for total gross proceeds of $408,947. The common shares issued in connection with the private placement are subject to a four-month hold period pursuant to the rules of the TSX Venture Exchange and Canadian securities legislation.



The securities to be issued by the Corporation have not and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or the securities laws of any state of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption therefrom under the 1933 Act and the securities laws of all applicable states.


Genoil is an international engineering technology development company based in Alberta, Canada that develops innovative hydrocarbon, oil and water separation, and marine technologies.


For more information on Genoil Inc. visit www.Genoil.ca.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Contacts:

Genoil Inc.

David Lifschultz

Chairman & CEO

(914) 393-5800
DKLifschultz@genoil.net :

www.Genoil.ca

at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid= .. width="1" height="1" alt=" " border="0" />



Press Information:




Contact Person:


Disclaimer: (c) 2014 Market Wire. All of the press releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Market Wire's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com