Phoenix Copper Videos

Feb 1, 2013

Shoal Point Energy Closes Private Placement Financing and Commences Transfer of Operating Responsibilities to Black Spruce Exploration Corp.

Feb 1, 2013

Toronto, Ontario: Shoal Point Energy Ltd. (“Shoal Point” or the “Company”) (SHPNF on OTCQX) (SHP on CNSX) announces that it has closed its private placement financing for aggregate gross proceeds of $6,716,232.98. The financing was comprised of 99,438,551 units (each, a “Unit”) at a price of $0.06 per Unit for gross proceeds of $5,966,313.09 and 12,498,665 flow-through units (each, a “Flow-Through Unit”) at a price of $0.06 per Flow-Through Unit...