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Dixie Energy Announces Closing of Brokered and Non-Brokered Private Placement

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/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN./ CALGARY, June 28, 2013 /CNW/ - Dixie Energy Trust ("Dixie" or the "Trust") is pleased to announce that it has closed its previously announced brokered private placement financing with Casimir Capital Ltd. as the sole agent on behalf of the Trust (the "Brokered Financing"). Pursuant to the Brokered Financing, the Trust issued an aggregate of 8,148,230 trust units ("Trust Units") at an issue price of $0.80 per Trust Unit for aggregate gross proceeds of $6,518,584. Additionally, concurrent with closing of the Brokered...

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