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Provider: Thomson Reuters Stock Report
Provider: MacroRisk Analytics/EconomicInvestor
Provider: Reuters Investment Profile
Provider: Ford Investor Services, Inc.

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Lilis Energy Inc closes $7.5 mln private placement of equity

Wednesday, 22 Jan 2014 08:45am EST 

Lilis Energy Inc:Says it has closed on a $7.5 mln financing in the form of a private placement of restricted units, with each unit consisting of one share of its common stock and one common stock purchase warrant sold 3,750,000 units at a price of $2.00 per unit.Says each warrant has an exercise price of $2.50 per share and is exercisable beginning six months from the issuance date, for a period of three years.Says units have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration. 

Company Quote

-0.01 -0.75%
3:19pm EST