20 Jan 2017capital raising announcement● NeutralMajor
On January 9, 2017, FieldPoint amended its HFT agreement: the second share purchase date moved from December 31, 2016 to January 15, 2017, and HFT's deadline to buy the Elkhorn and JC Kinney Wyoming leases moved to April 1, 2017. HFT also got a right to buy 100% working interest in the Sulimar Field mineral lease (Chaves County, NM) by April 1, 2017, price to be set. Effective January 15, 2017, FieldPoint sold another 884,564 shares for $398,054 to three accredited investors, with 5% commission to Euro Pacific Capital, for working capital.