Mr. Jose Arata reports
NEW STRATUS ENERGY CLOSES FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
Further to the news releases dated July 17 and July 28, 2026, New Stratus Energy Inc. has closed the second and final tranche of its non-brokered private placement of common shares of the corporation, raising gross proceeds of approximately $1.5-million.
Under the second tranche, the corporation issued 2,929,852 common shares at a price of 50 cents per common share for aggregate gross proceeds of approximately $1.5-million. All of the common shares issued under the second tranche are subject to a four-month-and-one-day statutory hold period. The second tranche (and the offering as a whole) is subject to final approval of the TSX Venture Exchange.
Under the offering, which is composed of the first tranche (which closed on July 28, 2026) and the second tranche, the company raised aggregate gross proceeds of $8-million. The proceeds from the offering will be used to advance due diligence on opportunities in Venezuela.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.