July 24, 2017 / 8:28 PM / 3 months ago

BRIEF-Windfire signs agreement to acquire off-shore oil blocks in Namibia

July 24 (Reuters) - Windfire Capital Corp

* Windfire signs agreement to acquire off-shore oil blocks in Namibia

* Windfire Capital Corp - Intends to complete private placement for gross proceeds of up to $5 million at price of $0.25 per subscription receipt

* Windfire Capital Corp - Finder’s fees are expected to be paid in connection with financing on such terms

* Windfire Capital Corp - Windfire has not yet retained a sponsor in connection with acquisition

* Windfire Capital- ‍signed LOI with dminer asset management under which co proposes to acquire 91.5% of issued, outstanding shares of Riviera Mina Ltd Source text for Eikon: Further company coverage:

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