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Re: News Releases - Tuesday, May 13, 2008
HORIZON ANNOUNCES PRIVATE PLACEMENT FINANCING
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VANCOUVER, British Columbia -- May 13, 2008 -- Horizon Industries Ltd.
(TSXV:HRZ), announces that it is proceeding with a non-brokered private
placement of up to 2,000,000 units in the capital stock of the Company
at a price of $0.10 per unit for total gross proceeds of up to
$200,000. Each unit will consist of one common share and one share
purchase warrant. Each share purchase warrant will entitle the holder
thereof to purchase one additional share of the Company at a price of
$0.20 per share for a period of one year from the date of Closing. The
shares are subject to a four month hold period. This private placement
is subject to approval by the TSX Venture Exchange.
On Behalf of the board of directors,
"Christopher Wensley"
Christopher Wensley, President
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of the content of this News Release. WARNING:
The Company relies on litigation protection for "forward looking"
statements. Actual results could differ materially from those
described in the news release as a result of numerous factors, some of
which are outside the control of the Company.
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Copyright (c) 2008 HORIZON INDUSTRIES LTD. (HRZ) All rights reserved.
For more information visit our website at
http://www.horizonindustriesltd.com/ or send
mailto:info@horizonindustriesltd.com
Message sent on Wed May 14, 2008 at 11:01:31 AM Pacific Time
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Petro Horizon Energy Corp.
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EXPLORATION STAGE |
CODE : PHE.V |
ISIN : CA7164501016 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Petro Horizon Energy is a and oil exploration company based in Canada. Its main exploration properties are NEW WAVERLY PROSPECT and FUNK PROSPECT in USA. Petro Horizon Energy is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.0 millions as of today (US$ 2.0 millions, € 1.6 millions). Its stock quote reached its lowest recent point on January 16, 2009 at CA$ 0.01, and its highest recent level on March 19, 2010 at CA$ 0.48. Petro Horizon Energy has 6 504 000 shares outstanding. |