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Bengal Energy Upsizes Non-Brokered Private Placement

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-- 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.

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