Calgary-based but US-focused Montana Exploration Corp. raised gross proceeds of $1.5 million from the issuance of 7,673,053 shares resulting in a post-closing total of 57,463,928 shares. The company will apply the proceeds to its working capital deficiency and to fund general and administrative expenses as it seeks partners to build upon its five well drilling program in the Shaunavon Basin in the US state of......
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