Baselode Energy Corp. is pleased to announce the closing of its previously announced "bought deal" private placement for aggregate gross proceeds of C$6,000,000, which includes the full exercise of the Underwriter's over-allotment option for gross proceeds of C$1,000,000. Under the Offering, the Company sold the following: 2,222,222 units of the Company at a price of C$0.45 per Unit for gross proceeds of C$1,000,000 from
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