CALGARY, Alberta, Dec. 17, 2014 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to report the completion of two divestitures resulting in total net Gains on Sales of $417,000. In two separate transactions the Company sold a total of 38 boe/d (25% oil and liquids) valued at $1,708,900 or $44,950 per flowing boe. The effective date for these divestitures was November 1st, and December 1st, 2014 with both transactions closing on or [Read more]
Quattro Closes Flow Through Private Placement
CALGARY, Alberta, Dec. 11, 2014 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to report that it has completed a non-brokered private placement (the "Private Placement") in the aggregate amount of $1,008,000 consisting of the issuance of 2,400,000 common shares, on a "flow-through" basis, to Canadian institutional subscribers at a price of $0.42 per common share. Such shares are subject to a four month hold period that expires on [Read more]