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Tenth Avenue Petroleum Corp. Announces Closing Of $3,138,750 Non-Brokered Financing

PRIVATEFeb 18, 2022

Amount Raised

$3.14 Million

Round Type

Seed

AlbertaEnergyOil And Gas

Description

CALGARY, AB / February 18, 2022 / Tenth Avenue Petroleum Corp. ("TPC" or the "Company") (TSXV:TPC) is pleased to announce that, further to the Company's press release dated January 17, 2022, the Company has closed its previously announced non-brokered private placement and raised gross proceeds of $3,138,750 at a price of $0.25 per unit (each a "Unit") from the sale of 12,555,000 Units (the "Financing").

Quick answer

Tenth Avenue Petroleum raised $3.14 Million in a Seed round, dated February 18, 2022. Tenth Avenue Petroleum is based in Alberta, Canada.

How much did Tenth Avenue Petroleum raise?
Tenth Avenue Petroleum raised $3.14 Million in a Seed round on February 18, 2022.
What does Tenth Avenue Petroleum do?
Tenth Avenue Petroleum Corp. is an oil and gas company engaging in the exploration and production of petroleum and natural gas resources.
Where is Tenth Avenue Petroleum based and how big is it?
Tenth Avenue Petroleum is based in Alberta, Canada.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Tenth Avenue Petroleum that raised within 45 days of this round, from Fundz verified event records.

  • Vulcan Infrastructure & Power Inc. raised $100M (Funding Round) on March 24, 2022.
  • Sintana Energy raised $3.5M (Seed) on March 18, 2022.
  • Zephyr Energy PLC raised an undisclosed amount on March 15, 2022.
  • Peabody raised an undisclosed amount (Funding Round) on March 7, 2022.
  • Diversified Energy raised an undisclosed amount (Funding Round) on February 24, 2022.
  • Carlisle Companies Incorporated raised $125M (Funding Round) on February 23, 2022.

Who to call at Tenth Avenue Petroleum, and when

A new round usually means Tenth Avenue Petroleum is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Tenth Avenue Petroleum

Location

Alberta, Canada

About

Tenth Avenue Petroleum Corp. is an oil and gas company engaging in the exploration and production of petroleum and natural gas resources. The company is focused on strategic acquisitions to enhance its growth and production capabilities. With a commitment to sustainable practices, TPC aims to optimize resource extraction in established areas.

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Tenth Avenue Petroleum raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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