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Re: News Releases - Tuesday, May 27, 2008
HORIZON CLOSES PRIVATE PLACEMENT
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VANCOUVER, British Columbia -- May 27, 2008 -- Horizon Industries Ltd.
(TSXV:HRZ), is pleased to announce that the Company has closed it's
non-brokered private placement referred to in the Company's news
release dated May 13, 2008. The private placement comprises 2,030,000
shares in the capital stock of the Company at a price of $0.10 per unit
for total gross proceeds of $203,000. Each unit consists of one common
share and one share purchase warrant. Each share purchase warrant
entitles the holder thereof to purchase one additional share of the
Company at a price of $0.20 per share for a period of one year from the
date of Closing.
On Behalf of the board of directors,
"Christopher Wensley"
Christopher Wensley, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this News
Release. WARNING: The Company relies on litigation protection for
"forward looking" statements. Actual results could differ materially
from those described in the news release as a result of numerous
factors, some of which are outside the control of the Company.
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Copyright (c) 2008 HORIZON INDUSTRIES LTD. (HRZ) All rights reserved.
For more information visit our website at
http://www.horizonindustriesltd.com/ or send
mailto:info@horizonindustriesltd.com
Message sent on Tue May 27, 2008 at 10:03:40 AM Pacific Time
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Petro Horizon Energy Corp.
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EXPLORATION STAGE |
CODE : PHE.V |
ISIN : CA7164501016 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Petro Horizon Energy is a and oil exploration company based in Canada. Its main exploration properties are NEW WAVERLY PROSPECT and FUNK PROSPECT in USA. Petro Horizon Energy is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.0 millions as of today (US$ 2.0 millions, € 1.6 millions). Its stock quote reached its lowest recent point on January 16, 2009 at CA$ 0.01, and its highest recent level on March 19, 2010 at CA$ 0.48. Petro Horizon Energy has 6 504 000 shares outstanding. |