Miller Energy Resources Inc. (NYSE: MILL) has closed the underwritten public offering of its 10.75% series C cumulative redeemable preferred stock.
Miller issued 625,000 shares, raising gross proceeds of $14.3 million. Net proceeds will be used for general corporate purposes.
MLV & Co. LLC, Maxim Group LLC, and Williams Financial Group are underwriters. MLV & Co. LLC is sole book-running manager. Maxim Group LLC and Williams Financial Group are co-managers.
Based in Huntsville, Tenn., Miller Energy Resources Inc. is a high-growth oil and natural gas exploration, production and drilling company ...