Waldron Energy Corporation (TSX:WDN) announced a non-brokered private placement of 4,600,000 common shares issued on a flow-through basis at CAD 0.33 per share for gross proceeds of about CAD 1,500,000 on July 11, 2014. The transaction is expected to close on or about July 25, 2014. The transaction is subject to approval from Toronto Stock Exchange.

On July 30, 2014, Waldron Energy Corporation closed the transaction. The company has issued 5,459,545 common shares for gross proceeds of CAD 1,801,649.85.