Dixie Energy Trust - 2013-06-28
Description
Closed brokered and non-brokered private placement of some 15.1 million units sold at $0.80 per unit. Casimir Capital Ltd. was sole lead agent for the brokered financing. Net proceeds will be used to fund the Fletcher acquisition in Mississippi and Alabama, to fund its 2013 capital expenditure program, and for general working capital requirements.