GeoGlobal Resources Inc. (OTCPK:GGLR) announced that it has entered into stock purchase agreement for a private placement of series B preference shares with new investor Key Capital Corporation for gross proceeds of $3,000,000 on August 24, 2014. The company will issue shares in five tranches of $600,000 each within an interval of 180 days.
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- GeoGlobal Resources Inc. announced that it expects to receive $3 million in funding from Key Capital Corporation.