Impact - negative given lower proceeds from the private placement under the revised terms, while the Company has formally initiated an asset rationalization process to sell both core and non-core assets in order to address its non-revolving credit facility due May 29, 2016

09 Nov 2015
LONG RUN EXPLORATION LTD. (LRE) ANNOUNCES AMENDMENTS TO PROPOSED PRIVATE PLACEMENT AND INITIATES STRATEGIC ASSET RATIONALIZATION

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LONG RUN EXPLORATION LTD. (LRE) ANNOUNCES AMENDMENTS TO PROPOSED PRIVATE PLACEMENT AND INITIATES STRATEGIC ASSET RATIONALIZATION
- Published:
09 Nov 2015 -
Author:
Michael Hearn -
Pages:
3 -
Impact - negative given lower proceeds from the private placement under the revised terms, while the Company has formally initiated an asset rationalization process to sell both core and non-core assets in order to address its non-revolving credit facility due May 29, 2016