January 2, 2018 / 12:09 PM / a year ago

BRIEF-Petroshale Announces Financing Transaction And Operations Update

Jan 2 (Reuters) - Petroshale Inc:

* PETROSHALE ANNOUNCES STRATEGIC FINANCING TRANSACTION AND OPERATIONS UPDATE

* PETROSHALE INC - ENTERED INTO AN INVESTMENT AGREEMENT WITH FIRST RESERVE FOR FINANCING FOR GROSS PROCEEDS OF US$75 MILLION

* PETROSHALE INC - FIRST RESERVE AGREED TO ACQUIRE US$75 MILLION OF SERIES A PREFERRED SHARES IN CO’S WHOLLY OWNED SUBSIDIARY, PETROSHALE (US), INC Source text for Eikon: Further company coverage:

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