Americas Petrogas Inc. (TSX VENTURE:BOE) reported that the comoany has closed its previously announced equity financing by way of a private placement on a bought-deal basis by completing the sale of 12,345,700 common shares of the Corporation at a price of $0.81 per share, for gross proceeds of approximately $10 million.
Xtreme Oil & Gas, Inc. (PINKSHEETS: XTOG) reported the appointment of Rear Admiral Ed Allen to Xtreme’s Board of Directors effective upon the Company’s Form-10 being finalized.
The Alberta Energy Resources Conservation Board has approved Suncor Energy’s application to develop three additional stages of its Firebag in situ oil sands project.
Brownstone Ventures Inc. (TSX VENTURE:BWN) reported the results of a recently completed reserve assessment for its wholly-owned subsidiary Brownstone Ventures (US) Inc.