Roughrider Announces Private Placement
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February 15, 2019 / TheNewswire / Vancouver, B.C. – Roughrider Capital Corp. (“Roughrider” or the “Company”) is pleased to announce that it has arranged a non-brokered private placement wherein the Company intends to issue up to 15,000,000 common shares at a price of $0.125 per share for aggregate proceeds of $1,875,000. Proceeds from the placement will be used to perform due diligence activities, complete potential acquisitions and for general working capital purposes.
About the Company
Roughrider Capital Corp. is an energy company that currently has stable oil production through operations in southeastern Saskatchewan. The Company is focused on adding, creating and increasing value through the acquisition and development of value-added assets in the energy sector.
ON BEHALF OF THE BOARD
Lewis Dillman
CEO and Director
Cautionary Statements regarding Forward-Looking Information:
Certain statements contained in this press release constitute forward-looking information as defined by law including without limitation Canadian securities laws and the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995 (“forward-looking statements”). These forward-looking statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.