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Cathedral Energy Services Ltd

09:54 AM EST - Cathedral Energy Services Ltd : Announced a proposed non-brokered private placement of up to 12,654,500 common shares of the Company at a price of $0.25 per Share for gross proceeds of up to $3,163,625. It is expected that this financing will be fully-subscribed. Cathedral Energy Services Ltd shares T.CET are trading unchanged at $0.26.