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CALGARY, Alberta, March 15, 2021 (GLOBE NEWSWIRE)
Leucrotta Exploration Inc. ( Leucrotta or the Company
) (TSXV - LXE) is pleased to announce that it has entered into an agreement with a syndicate of underwriters for a $20.0 million bought deal financing (the
Financing ) by way of a short form prospectus offering. The Company will be conducting a concurrent non-brokered private placement of $2.0 million flow-through units of the Company. The Company has also entered into a definitive agreement with an Alberta based publicly traded oil and gas company in connection with disposition of its non-strategic lands (the
Leucrotta Exploration Announces Asset Disposition, Financing and Phase 1 Mica Pad Development globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.