April 9, 2018 / 11:23 AM / 3 months ago

BRIEF-Tanager Energy Announces Termination Of Proposed Financing

April 9 (Reuters) - Tanager Energy Inc:

* ANNOUNCES TERMINATION OF PROPOSED FINANCING

* RECEIVED NOTICE FROM HALOROC ENERGY IT IS WITHDRAWING CAPITAL COMMITMENT TO SUBSCRIBE FOR COMMON SHARES IN AMOUNT OF US$10 MILLION

* INTENDS TO CONTINUE ITS EFFORTS TO SOURCE OTHER CAPITAL FOR PURPOSE OF COMPLETING A TRANSACTION WITH TITAN CHALK

* EXPECTED THAT PROPOSED ACQUISITION OF SOME OR ALL OF AUSTIN CHALK MINERAL LEASES MAY ALSO NEED TO BE RESTRUCTURED Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below