Daybreak Secures .5 Million in Financing Ahead of Closing the Reabold California LLC Acquisition

Daybreak Oil and Gas, Inc. (OTC PINK: DBRM) ('Daybreak' or the 'Company'), a Washington corporation, is pleased to announce that it has secured the...

May 14, 2022
12:42 PM

Daybreak Oil and Gas, Inc. (OTC PINK: DBRM) ('Daybreak' or the 'Company'), a Washington corporation, is pleased to announce that it has secured the financing as required by the Equity Exchange Agreement between Daybreak and Reabold California LLC. On May 5, 2022, Daybreak entered into a Subscription Agreement with Portillion Capital Ltd., a private company incorporated in the United Kingdom ('Portillion'), pursuant to which Portillion has subscribed to purchase 125,000,000 shares of the Company's common stock, par value, $0.

Daybreak Oil and Gas, Inc. via Business Wire