Newton Energy Corporation announced that it has received CAD 0.5 million in funding from JJR Capital Holdings Inc, 2464344 Ontario Inc., 1921142 Ontario Inc, Terei International Ltd.
On July 4, 2018, Newton Energy Corporation (TSXV:NTN.H) closed the transaction. The transaction included participation from Gino DeMichele for 300,000 shares, Ronald Schmeichel for 466,666 shares, JJR Capital Holdings Inc for 666,667 shares, new investors 2464344 Ontario Inc. for 850,000 shares, 1921142 Ontario Inc for 666,667 shares and Terei International Ltd. for 352,227 shares.