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FeedsFarm.com > Radial Energy Inc.: Radial Energy Announces Receipt of $1,500,000

Radial Energy Inc.: Radial Energy Announces Receipt of $1,500,000

13th Nov 2006, 23:10 GMT

HOUSTON, TX (MARKET WIRE) Radial Energy Inc. (OTCBB: RENG) is pleased to announce it has received the second tranche of $1,500,000 from Cornell Capital Partners LP, as part of Radial Energy's previously announced $5,000,000 convertible debenture financing. Radial Energy expects to receive the third and final tranche of $1,500,000 from Cornell Capital before January 15, 2007 (all figures in U.S. dollars).

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