Kraken Energy Corp.

Ivor Exploration is pleased to announce that it is undertaking a non-brokered private placement between 5,000,000 and up to 10,000,000 units at a price of CAD$1.00 per Unit for gross proceeds from between $5 million and up to $10 million. Each Unit will consist of one common share and one-half of one transferable share purchase warrant exercisable into one additional Share at a price of CAD$1.85 per Share for a period of [...]