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petroworth resources inc (PTW) Details

First Sahara Energy Inc. operates as a junior oil and gas exploration company with properties in Alberta and eastern Canada. It also owns gold, silver, and copper mining exploration properties located in the Abitibi Greenstone Belt in Quebec, Canada. The company was formerly known as PetroWorth Resources Inc. and changed its name to First Sahara Energy Inc. in June 2013. First Sahara Energy Inc. was founded in 2003 and is based in Toronto, Canada.

Founded in 2003

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petroworth resources inc (PTW) Key Developments

First Sahara Energy Mulls Acquisitions

First Sahara Energy Inc. (DB:T3F1), which is planning to raise funds through non-brokered private placement of up to CAD 0.4 million, is looking for acquisition. The company intends to use the proceeds for general working capital, including the review of possible acquisitions.

First Sahara Eyes Acquisitions

First Sahara Energy Inc. (DB:T3F) is looking for acquisition opportunities. First Sahara announced a non-brokered private placement for 51.75 million units at CAD 0.02 per unit for gross proceeds of CAD 1.04 million. First Sahara intends to use the net proceeds of the offering for general working capital and the review of possible acquisitions.

First Sahara Seeks Acquisitions

First Sahara Energy Inc. (DB:T3F) will use the proceeds of CAD 1 million non-brokered private placement for general working capital, including the review of possible acquisitions.

 

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