Houston American Energy Corp. - 2012-05-08
Description
Closed its previously announced registered direct equity offering of 6,200,000 units at $2.12 per unit. Canaccord Genuity Inc. acted as lead placement agent for the offering, and Pareto Securities AS acted as joint-lead agent for the offering. Proceeds will be used for general working capital purposes, including funding the Company's share of costs of development of properties in which the Company holds interests.