Vanguard Energy Corporation - 2012-07-09

Description

Vanguard Energy Corporation has successfully closed on the private placement of $5,910,000 in principal amount of convertible secured promissory notes. Net proceeds from this financing will be used to fund an accelerated developmental drilling program in the Company's oil fields located in Southeast Texas and to pay any convertible notes.

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Estimated Price
$5.9MM
Financing Type
Report Date