Synergy Resources Corp. - 2016-04-11
Description
Priced 19.5 million common shares in a public offering. Net proceeds will support general corporate purposes; these could include Wattenberg Field acreage development, 2016 capex and future acquisitions. Underwriters will receive a month-long option to purchase about 2.92 million additional shares. The offer is scheduled to close April 14. Credit Suisse Securities (USA) LLC is the lead book-running manager.