|By Marketwired .||
|March 18, 2014 11:15 AM EDT||
HOUSTON, TX -- (Marketwired) -- 03/18/14 -- Smart Ventures (OTC Pink: SMVR) (PINKSHEETS: SMVR) announces that it plans to offer a private placement of up to $10,000,000 at a price between .03-.05 per share. We have been in discussions with institutional investors regarding the capital raise to gauge levels of interest. The private placement is part of the company's growth strategy as the capital is necessary for targeted acquisitions. There appears to be significant investor interest to warrant a formal offering via 144 or Reg. A.
This announcement appears as a matter of record only and is not a solicitation or offer to sell the securities represented herein. The securities are offered only to accredited investors via written offering circular. These securities are void where prohibited in any jurisdiction. "We are excited about the prospects of building a strong independent energy company in a diverse way," says Roger Smith, CEO.
Smart Ventures is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. To learn more about the Company, visit: www.sandaydrilling.com
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