PetroMagdalena Energy Corp. - 2012-05-29

Description

Issued 2,124,616 shares at a deemed price of C$1.29 per share in order to settle a debt of approximately US$2.7 million owed to Pacific Rubiales in connection with cash calls as at March 31, 2012 for the Topoyaco and Las Quinchas blocks.

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Companies
Estimated Price
CA$2.7MM
Financing Type
Report Date