Synergy Resources Corp. - 2011-12-28
Description
Announced that the underwriters for its recently announced public offering of Synergy Resources common stock exercised in full their over-allotment option to purchase an additional 1.9 million shares at a public offering price of $2.75 per share. The company will use net proceeds from the offering for its development drilling program in Wattenberg Field and for general corporate purposes. The underwriters were Northland Capital Markets and C. K. Cooper & Co., acting as joint book-runners, with GVC Capital LLC as co-manager.