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Next Millennium Commercial Corp.

04:02 PM EST - Next Millennium Commercial Corp. : announced that it engaged Canaccord Capital Corp. as lead agent for private placement of 12 million units at a price of $0.50 per Unit. The company expects gross proceeds of up to $12 million from the Brokered Offering and Non-Brokered Offering. The gross proceeds would be used to fund Next Millennium's acquisition of Roadrunner Oil & Gas Inc., to acquire additional exploration leases and to complete exploration of prospects to be identified on Roadrunner Oil & Gas Inc. leased lands. Next Millennium Commercial Corp. shares V.NM are trading unchanged at $0.64.