23rd Sep 2015 09:58
LONDON (Alliance News) - Caza Oil & Gas Inc on Wednesday said it has issued shares under its agreement with the YA Global Master SPV Ltd, an investment fund managed by Yorkville Advisors Global LP.
Caza said it has issued 12.4 million shares under the agreement at a price of 1.3624 pence per share. Shares in Caza were down 16% to 1.58 pence on Wednesday.
The share issue is in accordance with the USD4.0 million convertible note issue Caza signed with Yorkville in February.
By Sam Unsted; [email protected]; @SamUAtAlliance
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