Big Sky Energy Corporation Announces Financing of US$13,625,000.CAGARY, Alberta -- Big Sky Energy Corporation, (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BSKO) (the "Company") announced today that it has closed a private placement, having received commitments totaling US$13,625,000. "This financing will accelerate the development of our first five licenses, covering over 15,200 sq.km. which were acquired over the past twelve months," stated the newly appointed Company President, Mr. Al Sehsuvaroglu, P.E. Big Sky Energy Corporation is an international oil and gas exploration company, looking to develop assets in the world's most prolific basins in order to become a leading low-cost finder finder, in law. Ordinarily the finder of lost property is entitled to retain it against anyone except the owner. It is larceny, however, for the finder to keep the property if he knows or can easily determine who owns it. of hydrocarbons hydrocarbons (hīˈ·drō·kärˑ·b n. . The Company is currently operating in Kazakhstan's renowned pre-Caspian basin. Note: The information contained in this press release contains forward looking statements which are based on the current expectations of the management of Big Sky Energy Corporation only, and actual results may differ materially. For a more detailed discussion of risks and other factors related to Big Sky Energy Corporation, please refer to its 10-KSB and 10 QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound reports filed with the U.S. Securities and Exchange Commission. Big Sky Energy Corporation (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :BSKO) |
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