Suroco Energy to raise $8.27 million through private placement

Suroco Energy, Inc., a Canada-based junior oil and gas company, has agreed to raise $8.27M through a private placement of up to 33.3 million units.

The units will be issued at a price of $0.25)per unit. Each Unit will be comprised of one common share o and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one common share for a period of 18 months from the applicable closing date for the offering, at an exercise price of $0.33 per common share. The offering is expected to close on or about May 18, 2009.

Full article: http://www.tradingmarkets.com/.site/news/Stock%20News/2295301/

About Us

PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement memorandum (PPM) leaders.

PPM.co’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.