Renaissance Closes C$11.2 Million Brokered Private Placement

Renaissance Oil Corp. has closed its previously announced brokered private placement pursuant to an agency agreement dated March 29, 2017 between the company and Haywood Securities Inc., Beacon Securities Limited and Canaccord Genuity Corp. for 44.87 million units (including 4.87 million units issued upon exercise of the agents' option to sell up to an additional 20 million units at the same price per unit as the offering), at a price of 25 cents per unit, for aggregate gross proceeds of approximately C$11.2 million.


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