3P International Energy Corp. - 2010-10-15

Increased private placement financing from C$5 million to C$8 million. The company intends to offer up to 20 million common shares on a non-brokered prospectus exempt basis at a price of C$0.40 per share, for gross proceeds of up to C$8 million. The proceeds will be used primarily for the development of 3P's Ukrainian energy assets, the evaluation of additional opportunities in that country and general working capital purposes.