Glen Rose Petroleum Corp. - 2011-07-14
Description
The company has completed an offering with accredited non-U.S. investors for the sale of 4,292,990 shares of its common stock at approximately $0.45 per share, with aggregate proceeds of approximately $1,931,810.50. The investors also received two year warrants to purchase an additional 4,292,990 shares of common stock at an exercise price of $0.45 per share.
ABG Sundal Collier Norge ASA acted as the manager of this offering.