$BNG.TO

2 stories mentioning BNG.TOUpdated 39d ago

Every FINWIRES story that references BNG.TO, newest first.

Bengal Energy Upsizes Non-Brokered Private Placement

Bengal Energy (BNG.TO) increased the size of its previously disclosed non-brokered private placement to $1.525 million, from $1.515 million, it said overnight Thursday.The company will issue an additional 285,714 common shares at $0.035 apiece. The offering is expected to close on or about May 4.All other terms of the offering remain the same, it added.Shares of the company closed up 14% to $0.04 on Thursday on the Toronto Stock Exchange.

$BNG.TO

Mining & Metals56d ago

Bengal Energy Announces $1.5 Million Private Placement of Shares

Bengal Energy (BNG.TO) plans to raise $1.5 million through a non-brokered private placement of shares, the company said on Friday.The company will place 42.3 million shares at $0.035 apiece. A director, Bill Wheeler, is interested in subscribing for 28.6 million shares for $1.0 million, a statement added.Proceeds will be used to develop the Ramses property in Queensland's Cooper Basin and to repay the $1.15 million demand promissory note with Texada Capital Management, that was issued on April 6.The offering will close on April 30.Bengal Energy shares closed down $0.005, to $0.04, on Thursday on the TSX Venture Exchange.

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