Avila Energy Finalizes Initial Private Placement
Company Announcements

Avila Energy Finalizes Initial Private Placement

Petro Viking Energy (TSE:VIK) has released an update.

Avila Energy Corporation has successfully completed the first tranche of its non-brokered private placement, raising $368,790 by issuing over 12 million units at $0.03 each. These units include a common share and a half warrant, which allows the holder to purchase an additional share at $0.12 within 24 months. CEO Leonard Van Betuw participated in the placement, which was exempt from certain regulatory requirements due to the transaction size.

For further insights into TSE:VIK stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskAvila Energy Appoints New Directors Amid Growth
TipRanks Canadian Auto-Generated NewsdeskAvila Energy Welcomes New CEO Donald Benson
TipRanks Canadian Auto-Generated NewsdeskAvila Energy Launches Restructuring to Stabilize Operations
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App