December 2, 2016 / 2:32 PM / 10 months ago

BRIEF-Claren Energy announces proposed $2 million financing

Dec 2 (Reuters) - Claren Energy Corp :

* Claren Energy announces proposed $2 million financing

* Claren Energy announces proposed $2 million financing

* Says proceeds of offering will be used to carry out Claren’s phase 2 work program on Bobocu license, onshore Romania

* Says co proposes to complete a non-brokered private placement financing of 25 million units at a price of $0.08 per unit Source text for Eikon: Further company coverage:

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