Manufacturing Industry
PETROWORLD CORP - Acquisition(s).
PR Newswire UK Disclose, September, 2006
PetroWorld Corp. Completes Acquisitions and Financing
/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR
THROUGH UNITED STATES NEWSWIRE SERVICES/
AIM: PWC
TSX-V: PWD
GEORGE TOWN, Grand Caymans, Sept. 25 /CNW/ - PetroWorld Corp. (the
"Company") (TSX-V Trading Symbol: PWD, London AIM: PWC) is pleased to announce
that it has completed the acquisition of NuCoastal (Thailand) Limited and the
acquisition of shares of APICO LLC from PH Gas LP (the "Acquisitions").
The Company has also completed its public offering of 61,500,000 common
shares of the Company at a price of $0.65 per common share, raising gross
proceeds of $40 million (the "Offering"). Orion Securities Inc. acted as lead
agent of a syndicate of agents including...
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