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American Eagle Energy Receives Millions In Equity

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March 19, 2014

Through a public offering of 11 million common shares, priced at $6.60 each, American Eagle Energy  Corp. (NYSE MKT: AMZG) received millions in equity, according to both American Eagle Energy and Northland Capital Markets, one of the offering’s senior co-managers.

A 1-for-4 reverse stock split, that occurred after market close March 18, was given effect before the offer was priced, American Eagle Energy noted March 18.

The offer included a monthlong underwriters' option for the purchase of up to 1,650,000 additional shares, American Eagle Energy added.

A total of $72.6 ...

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