JayHawk Energy Inc. - 2010-10-19
Description
Entered definitive agreements with institutional investors for the sale of an aggregate of $500,000 in 10% secured convertible debentures. The follow-on financing will provide JayHawk with operating capital and flexibility for future development opportunities. The financing is through the same group of investors with which the company previously raised capital beginning December 2009. Cynergy Advisors LLC is advisor to JayHawk.