Key Developments: Pyramid Oil Co (PDO.A)

PDO.A on American Stock Exchange

19 Aug 2014
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$-0.03 (-0.60%)
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Latest Key Developments (Source: Significant Developments)

Pyramid Oil Co and Yuma Energy, Inc. announce merger agreement
Thursday, 6 Feb 2014 05:35pm EST 

Pyramid Oil Co and Yuma Energy, Inc:Says that they have entered into a definitive merger agreement for an all-stock transaction.Says upon completion of the transaction, Pyramid will change its name to Yuma Energy, Inc.Says under the terms of the merger agreement, Pyramid will issue an aggregate of about 66 million shares of Pyramid common stock to Yuma stockholders, resulting in former Yuma stockholders owning about 93pct of the post-merger company.Says upon completion of the transaction, there will be an aggregate of about 71 million shares of common stock outstanding.Says as part of the merger, Pyramid will reincorporate as a Delaware corporation.Says ROTH Capital Partners, LLC acted as financial advisor to Pyramid in the transaction.Says Legal counsel to Yuma in the transaction is Jones & Keller, P.C., Denver, Colorado. Legal counsel to Pyramid in the transaction is TroyGould PC, Los Angeles, California.  Full Article

Pyramid Oil Co Announces Change Of President And Chief Executive Officer-Form 8-K
Friday, 4 Oct 2013 06:01am EDT 

Pyramid Oil Co reported in its Form 8-K that On September 30, 2013, John H. Alexander resigned as the President and Chief Executive Officer, and as a director, of Pyramid Oil Company, a California corporation (Pyramid Oil), John E. Turco resigned as a director of Pyramid Oil, and Michael D. Herman, currently the Chairman of the Board of Directors of Pyramid Oil, was appointed as the Interim President and Chief Executive Officer of Pyramid Oil.  Full Article

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