CanAsia Energy Announces $4 Million Brokered Financing

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CALGARY, Alberta, Dec. 04, 2023 (GLOBE NEWSWIRE) -- CanAsia Energy Corp. (“CanAsia” or the “Company”) (CEC – TSXV) announced today a brokered private placement offering (“Offering”) of up to 40,000,000 CanAsia common shares at an issue price of CAD $0.10 per share to raise aggregate gross proceeds of up to CAD $4.0 million. The Offering is being led by Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”) on a “best-efforts” basis.

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