Signalta Resources closes new JV financing

Ted Liu

Signalta Resources Limited, a Calgary based private company with its principal business of managing oil and gas joint ventures (JVs) on behalf of JV investors, has raised $12.725 million for a new venture.

Investors will have stake in a managed joint venture interest in an: (a) oil & gas property acquisition, development & production; (b) oil & gas related businesses acquisition & development; and (c) power generation acquisition & production program carried on in Alberta, BC and Saskatchewan.

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