Smart Ventures Announces $10,000,000 Private Placement
March 18 2014 - 10:15AM
Marketwired
Smart Ventures Announces $10,000,000 Private Placement
HOUSTON, TX--(Marketwired - Mar 18, 2014) - Smart Ventures (OTC
Pink: SMVR) (PINKSHEETS: SMVR) announces that it plans to
offer a private placement of up to $10,000,000 at a price between
.03-.05 per share. We have been in discussions with institutional
investors regarding the capital raise to gauge levels of interest.
The private placement is part of the company's growth strategy as
the capital is necessary for targeted acquisitions. There appears
to be significant investor interest to warrant a formal offering
via 144 or Reg. A.
This announcement appears as a matter of record only and is not
a solicitation or offer to sell the securities represented herein.
The securities are offered only to accredited investors via written
offering circular. These securities are void where prohibited in
any jurisdiction. "We are excited about the prospects of building a
strong independent energy company in a diverse way," says Roger
Smith, CEO.
Smart Ventures is an independent energy company engaged in
engineering extended reach drilling services, acquisition,
development, production, and exploration of oil, gas and minerals
internationally. To learn more about the Company, visit:
www.sandaydrilling.com
CAUTIONARY STATEMENTS REGARDING
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that
involve a number of risks and uncertainties. Forward-looking
statements generally can be identified by the use of
forward-looking terminology such as "believes," "expects," "may,"
"will," "intends," "plans," "should," "seeks," "pro forma,"
"anticipates," "estimates," "continues," or other variations
thereof (including their use in the negative), or by discussions of
strategies, plans or intentions. A number of factors could
cause results to differ materially from those anticipated by such
forward-looking statements, including those discussed under "Risk
Factors" and "Our Business." Forward-looking statements are subject
to known and unknown risks and uncertainties and are based on
potentially inaccurate assumptions that could cause actual results
to differ materially from those expected or implied by the
forward-looking statements. Our actual results could differ
materially from those anticipated in the forward-looking statements
for many reasons.
Safe Harbor: This release includes forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 27E of the Securities Act of 1934. Statements contained in
this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approval for anticipated actions.
Media Relations: Roger Smith Contact: (832) 717-4412 Email:
info@sandaydrilling.com Website: www.sandaydrilling.com
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