Par Pacific Holdings Inc.

Will open registered offering Aug. 26 in which holders of common stock, representing about $50 million in gross proceeds, at the close of business Aug. 25 will receive one transferable subscription right for each whole share of common stock owned. The net proceeds from the rights offering will prepay or repay the 2.5% convertible subordinated bridge notes. Each subscription right will entitle the holder to purchase 0.099 of a common share, at $12.25 per whole share.The rights offering will also include an oversubscription privilege will allow stockholders who exercise all of their subscription rights to purchase additional shares. The subscription rights must be exercised by Sept. 14.