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Emerald Oil Pitches $75 Million Of Common Stock

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September 25, 2012

Voyager Oil & Gas Inc. (NYSE: EOX) announced that it has priced a public offering of 93,750,000 shares of its common stock to the public at $0.80 per share.

The gross proceeds to Emerald from the offering are expected to be $75.0 million, and the net proceeds are expected to be approximately $69.1 million, after deducting underwriting discounts and commissions and other estimated offering expenses.

Emerald expects to close the sale of the shares of common stock on Sept. 28, 2012, subject to customary closing conditions.

Emerald expects to use ...

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