Pulse Oil Corp. Announces Rights Offering to raise $4,156,000 and Provides Operations Update
If the Rights are fully exercised, the Rights Offering will raise gross proceeds of $4,156,000.
- If the Rights are fully exercised, the Rights Offering will raise gross proceeds of $4,156,000.
- The Rights Offering is not subject to the related party rules under MI 61-101 based on a prescribed exception related to rights offerings.
- Pulse understands that certain directors and officers of Pulse who own Common Shares may intend to exercise their rights to purchase Common Shares under the Rights Offering.
- Complete details of the Rights Offering are set out in the Circular and the rights offering notice (the “Notice”), which are filed under Pulse’s profile at www.sedarplus.ca .