Intercept Closes Private Placement
December 13 2013 - 3:10PM
Access Wire
December 13, 2013 - Intercept Energy Services Inc. (formerly Global
Green Matrix Corp.) (the "Company") - TSX Venture: IES announces
that it has closed its non- brokered private placement as
previously announced in October. The offering consisted of common
shares in the Company offered at a price of $0.075 per share. The
second tranche is for $58,000. In total the Company has received
gross proceeds of $656,750 for the purchase of 8,756,666 shares in
two separate tranches.
The shares will be subject to a four
month hold period from the date of closing.
The closing of the second tranche of
this private placement is subject to approval by the TSX Venture
Exchange.
The Company intends to use the
proceeds from the placement to fund the Company's expenditure on
purchasing new frack water heating units used in the work performed
by its subsidiary Intercept Rentals, the balance to be used for
general working capital.
INTERCEPT ENERGY SERVICES INC.
(http://interceptenergy.ca)
Intercept Energy Services Inc. is an
Oilfield Services Firm primarily focused on servicing oil and gas
companies and their fracking operations. Through its wholly owned
subsidiary, Intercept Rentals. Intercept operates a fleet of
proprietary, highly efficient and economical frack water heating
units. Intercept offers frack water heating services to various oil
and gas companies that require heated water for their fracking
operations.
INVESTOR RELATIONS
AND COMMUNICATIONS
RANDY HAYWARD, PRESIDENT or BUCHALTER CONSULTING
Phone: 250-247-8689 or 604-687-8855 Toll free 1 866 631 6537
Fax: 604-608-5442 stan.buchalter@buchalterconsulting.ca
Neither The TSX Venture Exchange Nor
Its Regulation Services Provider (As That Term Is Defined In The
Policies Of The TSX Venture Exchange) Accepts Responsibility For
The Adequacy Or Accuracy Of This News Release.
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