Evolution Petroleum Corp. - 2011-06-24
Description
The company reported that it is commencing, subject to market conditions, an underwritten public offering of up to 400,000 shares of its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock (liquidation preference of $25.00 per share). This translates to a total offering valued at $10 million.
McNicoll, Lewis & Vlak LLC is acting as book running manager for the offering.