Advantagewon Announces a Non-Brokered Private Placement of Common Shares
Newsfile Corp.
Newsfile Corp
Toronto, Ontario--(Newsfile Corp. - January 25, 2018) - Advantagewon Oil Corp. (CSE: AOC) (OTCQB: ANTGF) (the "Corporation", "Advantagewon", "AOC") announced today that it plans to complete, a non- brokered private placement financing of up to One Million Dollars ("$1,000,000.00") CDN of common shares at a price of Fifteen Cents ("$0.15") CDN per common share. All common shares issued in connection with this placement will be subject to a four month plus one day hold period under applicable Canadian securities laws. The Financing will be conducted in reliance upon certain prospectus and private placement exemptions. The securities issuable under the private placement will be subject to a hold period expiring four months and one day after the closing date. Finder's fees may be payable on a portion of the private placement to eligible finders.
The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.
About Advantagewon Oil Corp.
Advantagewon is focused on building consistent cash flow from low cost, low risk oil wells in the State of Texas. AOC applies specialized expertise to increase oil recovery from 10-15% to up to 75% for each well. Once the enhanced recovery strategy is successfully applied, AOC will repeat the process throughout the oil pool to maximize output and minimize cost and risk. Advantagewon's common shares are listed on the OTC Markets in the United States and on the Canadian Securities Exchange ("CSE") in Canada. Advantagewon is a member of the CSE Composite Index (CSE: AOC). For more information please visit www.aoc-oil.com.
