Next Millennium Closes $6 Million Non-Brokered Private Placement
06 June 2008 - 3:17AM
Marketwired
TORONTO, ONTARIO (TSX VENTURE: NM) announced today that it has
closed a non-brokered private placement of 12,000,000 units (the
"Units") at a price of $0.50 per Unit (the "Offering"). Each Unit
is comprised of one common share and one warrant. Each warrant is
exercisable into one additional common share at $1.00 for a one
year period. The Units, issued pursuant to the private placement,
are subject to hold period expiring on October 5, 2008.
Proceeds from the private placement will be used to fund Next
Millennium's previously announced acquisition of Roadrunner Oil
& Gas, Inc. ("ROG"), to acquire additional exploration leases
and to complete exploration of prospects to be identified on ROG
leased lands.
Next Millennium is an oil and gas exploration and development
company. Next Millennium's shares are listed on Tier 2 of the TSX
Venture Exchange under the symbol "NM".
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Next Millennium Commercial Corp. Michael Curtis
President and Chief Executive Officer (514) 793-1915 (905) 248-5353
(FAX) Email: mcurtis@cardwellcap.com Next Millennium Commercial
Corp. 1812 - 181 University Avenue Toronto, Ontario M5H 3M7
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