Caza Oil & Gas completes placing of 32,679,739 common shares

Caza Oil & Gas completes placing of 32,679,739 common shares

Caza Oil & Gas, Inc. (“Caza” or the “Company”) (TSX:CAZ) (AIM:CAZA) is pleased to announce that it has completed the placing of 32,679,739 common shares (the “Placing Share”) at a price of £0.18 per share (approximately C$0.33) for gross proceeds of approximately US$10 million (approximately £5.9 million and C$10.7 million) from investors in the United Kingdom. The Placing was conditionally announced on July 1, 2014.
The Placing Shares were placed by Cenkos Securities plc. Admission to trading on AIM occured at 8:00 am (London, England time) today.
The Placing Shares represent approximately 13.8% of the Company’s enlarged share capital. Prior to November 5, 2014, the Placing Shares cannot be resold or transferred into Canada or to or for the benefit of a resident of Canada on or through the facilities of the Toronto Stock Exchange or otherwise.

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