Karsten Energy (TSXV: KAY) receives exchange approval for its qualifying transaction tmentpitch

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Concurrent with the closing of its qualifying transaction, the company closed a non-brokered private placement of 3 million units at a price of $0.10 per unit, for gross proceeds of $300,000. Each unit consisted of one share and one share purchase warrant, with the warrant having an exercise price of $0.10 until November 2018.

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