Latest Sky Petroleum Inc (SKPI) Headlines Sky P
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Posted On: 03/11/2014 9:09:10 AM
Latest Sky Petroleum Inc (SKPI) Headlines
Sky Petroleum Announces an Offering of up to $1.0 Million
Business Wire - Tue Jan 08, 6:30AM CST
Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, announced today that it has agreed to obtain loans through the offer of 8% Convertible Promissory Notes due January 8, 2014 (the "Notes") in the aggregate amount of up to US$1,000,000 (the "Offering"). The Notes are convertible into shares of common shares of the Company ("Common Shares") at a conversion price of US$0.25 per share (the "Conversion Price") and interest on the Notes is payable in cash or, at the option of the Company, in-kind in Common Shares at the Conversion Price.
Sky Petroleum Announces an Offering of up to $1.0 Million
Business Wire - Tue Jan 08, 6:30AM CST
Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with activities in Albania and the United Arab Emirates, announced today that it has agreed to obtain loans through the offer of 8% Convertible Promissory Notes due January 8, 2014 (the "Notes") in the aggregate amount of up to US$1,000,000 (the "Offering"). The Notes are convertible into shares of common shares of the Company ("Common Shares") at a conversion price of US$0.25 per share (the "Conversion Price") and interest on the Notes is payable in cash or, at the option of the Company, in-kind in Common Shares at the Conversion Price.
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