February 22, 2017 / 1:34 PM / 5 months ago

BRIEF-Return Energy announces private placement

1 Min Read

Feb 22 (Reuters) - Return Energy Inc

* Return Energy announces private placement

* Return Energy Inc - return intends to issue up to 25 million units at a price of $0.12 per unit 23.1 million cde fts at a price of $0.13 per cde fts

* Return Energy Inc - intends to issue up to 7.1 million cee fts at a price of $0.14 per cee fts

* Return Energy Inc - proceeds of offering to be used by return to further development activities in Rycroft, Gordondale, and Valhalla areas of Alberta

* Return Energy Inc - intends to close a first tranche of offering on or about February 28, 2017 with a second and final tranche closing in March 2017 Source text for Eikon: Further company coverage:

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