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Ascendant Resources Inc.

09:43 AM EST - Ascendant Resources Inc. : Announced a non-brokered private placement for aggregate gross proceeds of up to $2.776 million. The Company intends to issue up to 34.7 million common shares of the Company at a price of $0.08 per Common Share. Ascendant Resources Inc. shares T.ASND are trading unchanged at $0.11.