Liberty Energy Corp. - 2011-03-16
Description
Has extended its equity financing agreement with Asia-Pacific Capital Ltd. (APC) to the full amount.
The company signed a $4-million financing agreement with APC in July 2010. The agreement included the option to secure a further $4 million, bringing the total value of the deal to $8 million in equity investment over a maximum term of four years.
The funds will be used primarily for drilling, development and other operating expenses.