Crestview Exploration, Inc. (TSE:CRS) has released an update.
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Crestview Exploration Inc. has successfully completed the initial portion of its non-brokered private placement funding, raising $136,000 by issuing 2.72 million units at $0.05 each. The capital raised is earmarked for general corporate expenses, option payments, and advancing exploration activities on the company’s Nevada properties. Investors should note the securities are subject to a four-month hold period and are not registered under the U.S. Securities Act.
For further insights into TSE:CRS stock, check out TipRanks’ Stock Analysis page.