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Petra Petroleum Inc. Closes Private Placement Financing

Petra Petroleum Inc. Closes Private Placement Financing

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/13/11 -- Petra Petroleum Inc. (TSX VENTURE: PTL) (the "Corporation") is pleased to announce that it has successfully completed its previously announced brokered private placement (the "Private Placement") of 22,985,000 common shares of the Corporation (the "Common Shares") at a purchase price…

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