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FREEDOM CLOSES PRIVATE PLACEMENT
Vancouver, British Columbia, December 6, 2017 (TSX-V: FREE) – Freedom Energy Inc. (“Freedom” or the “Company”) is pleased to announce that it has closed the private placement previously announced on November 30, 2017. The Company has raised $85,000 through the issuance of 944,444 units of the Company at a price of $0.09 per unit for gross proceeds of $85,000. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at any time for two years at a price of $0.10 expiring December 6, 2019. All securities are subject to a four month hold period expiring April 7,
Proceeds from the private placement are to be used for general working capital. The private placement is subject to approval by the TSX Venture Exchange.
For further information, please contact:
George Heard, CEO,
President & Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.