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.