Tuscany Energy Ltd. announced that it has received CAD 1 million in funding.
On December 11, 2014, Tuscany Energy Ltd. closed the transaction. The company issued 2,280,000 shares for gross proceeds of CAD 1,003,200 in the transaction. The company paid CAD 25,080 as finder's fees in the transaction. The securities issued are subject to a hold period expiring on April 11, 2015. The TSX Venture Exchange has accepted filing documentation with respect to the transaction. The transaction includes participation from two placees. Aggregate pro group subscribed P 1,140,000 shares. Acumen Capital Finance Partners Limited acted as finder to the company.