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-MENA Hydrocarbons announces private placement financing.

International Resource News-March 21, 2012--MENA Hydrocarbons announces private placement financing(C)1994-2012 ENPublishing - http://www.enpublishing.co.uk

International Resource News - 21 March 2012

MENA Hydrocarbons(TSX VENTURE:MNH), an international oil and gas company, is continuing with a private placement financing of units.

The units are priced at USD1,000 per unit for aggregate gross proceeds of up to USD8m.

The company has chosen Macquarie Private Wealth Inc. to sell on a commercially reasonable efforts agency basis, up to 5,000 units for gross proceeds of up to USD5m, and the balance of the financing is likely to be completed by the company on a non-brokered basis.

[Editorial queries for this story should be sent to irn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com)).END.PUB430>PDMarch 21, 2012>JNINTERNATIONAL RESOURCE NEWS.PRICEDATENOT APPLICABLE.DAY

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Publication:International Resource News (IRN)
Date:Mar 21, 2012
Words:140
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