November 22, 2016 / 9:07 PM / in a year

BRIEF-Traverse Energy announces private placement financing

Nov 22 (Reuters) - Traverse Energy Ltd -

* Intends to complete non-brokered private placement of upto 5.1 million common shares of corporation for total gross proceeds of $2.2 million

* Intends to use proceeds from issuance of flow-through shares to fund a portion of its exploration activities in province of Alberta

* Traverse Energy Ltd announces private placement financing Source text for Eikon: Further company coverage:

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