Arete Industries, Inc. (OTCPK:ARET) announced that it entered into a private placement of unsecured promissory note with new lender DNR Oil & Gas, Inc. for gross proceeds of $792,151 on January 1, 2014. The note carries coupon of 2.5% for the years 2014 and 2015, 4% for the year 2016, 6% for the year 2017, and 8% for the year 2018 and would mature on January 1, 2019.
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5-day change | 1st Jan Change | ||
0.0001 USD | 0.00% | 0.00% | 0.00% |
1st Jan change | Capi. | |
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0.00% | 1.66K | |
+5.90% | 289B | |
+57.31% | 132B | |
+20.38% | 80.31B | |
+0.86% | 70.07B | |
+2.74% | 54.19B | |
+4.02% | 45.72B | |
+27.15% | 34.78B | |
-12.59% | 34.53B | |
+4.78% | 29.85B |
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- News Arête Industries, Inc.
- Arete Industries, Inc. announced that it has received $0.79 million in funding from DNR Oil & Gas, Inc.