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Eco (Atlantic) Oil & Gas Ltd.

09:53 AM EST - Eco (Atlantic) Oil & Gas Ltd. : Announced the closing of the placing and subscription of shares. The Company raised, in aggregate, $17 million U.S. (£12.9 million, $22.6 million Canadian) before expenses through an oversubscribed placing and subscription of, in aggregate, 16,159,695 new common shares of no par value in the capital of the Company. Eco (Atlantic) Oil & Gas Ltd. shares V.EOG are trading unchanged at $1.40.