Gasco Energy Inc. - 2011-07-29
Description
The company has priced an underwritten registered offering of 16,000,000 units at a price of $0.25 per unit, for gross proceeds of $4.0 million. The net proceeds to Gasco from this offering are expected to be approximately $3.6 million. The offering is expected to close on or about August 3, 2011, subject to customary closing conditions.
Lazard Capital Markets LLC acted as sole book-running manager for the offering.