Raise Production Announces Closing of Private Placement

CALGARY, ALBERTA — (Marketwired) — 04/29/15 — Raise Production Inc. (TSX VENTURE: RPC) (the "Company") is pleased to announce that it has closed a private placement offering of 2,500,000 common shares (the "Shares") at a price of $1.20 per Share for total gross proceeds of $3,000,000 (the "Offering").It is anticipated that the gross proceeds of the Offering will be used for general corporate purposes. The Shares will be subject to a four month hold period in ac