MCF Energy Ltd. Raises Funds and Converts Debt
Company Announcements

MCF Energy Ltd. Raises Funds and Converts Debt

Story Highlights

Pinedale Energy Limited (TSE:MCF) has released an update.

MCF Energy Ltd. has successfully completed a non-brokered private placement, raising $4.45 million through the issue of nearly 30 million units, which include common shares and warrants. Additionally, the company has converted $1.57 million of debt into units under similar terms. The funds are earmarked for working capital and general corporate purposes.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMCF Energy Begins Testing at Austrian Well
TipRanks Canadian Auto-Generated NewsdeskMCF Energy Announces Austrian Operations Update
TipRanks Canadian Auto-Generated NewsdeskMCF Energy Readies for Welchau-1 Well Testing
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