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Posted On: 12/05/2012 8:40:02 AM
Post# of 28539
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Posted By: testname
CALGARY, ALBERTA--(Marketwire - Dec. 5, 2012) - Aroway Energy Inc. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that further to its news release of November 19, 2012, it has closed its brokered private placement of 6,043,981 flow-through units (the "FT Units") at a price of $0.55 per FT Unit and 1,352,000 non flow-through units (the "Units") at a price of $0.50 per Unit (collectively, the "Offering"), for aggregate gross proceeds of $4,000,190.

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