Evolution Petroleum Corp. - 2011-06-29

Description

The company has priced an underwritten public offering of 220,000 shares of its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock (liquidation preference of $25.00 per share) at a public offering price of $23.00 per share. The effective current yield of the 8.5% Series A Cumulative Preferred Stock is 9.24%.

McNicoll, Lewis & Vlak LLC is acting as book running manager for the offering.

Click here to go back to the search page
Estimated Price
$5.0MM
Financing Type
Report Date