Synergy Resources Corp. - 2013-06-19
Description
Closed the upsized underwritten public offering of 11.5 million shares of common stock sold at $6.25 per share. Net proceeds will be used to fund its 18-month drilling and development budget and additional leasehold acquisition in the Wattenberg field. Johnson Rice & Co. LLC was sole book-running manager. Wunderlich Securities, C.K. Cooper & Co., Global Hunter Securities, and Northland Capital Markets wer senior co-managers. Brean Capital and GVC Capital LLC were co-managers.