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Petromanas Energy Inc. announces closing of $75,000,000 private placement offering

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Petromanas Energy Inc. (TSXV: PMI) ("Petromanas" or the "Company") is pleased to announce that it has closed its brokered private placement with a syndicate of agents colead by Raymond James Ltd. and GMP Securities LP and including Canaccord Genuity Corp. and Macquarie Capital Markets Canada Ltd. (the "Agents") of 187,500,000 units ("Units") at a price of $0.40 per Unit (the "Offering") for aggregate gross proceeds of $75,000,000. Each Unit consists of one common share ("Common Share") and onehalf of one common share purchase warrant ("Warrant"). Each whole Warrant entitles the holder to acquire one additional common share of the Company bd l jdtqa xa h6.05 wpt pygwq ra nc vctxbk Sqk 20, 8791.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.