E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/7/2006 in the Prospect News PIPE Daily.

New Issue: Far East Energy raises $8.94 million from stock sale

By Sheri Kasprzak

New York, July 7 - Far East Energy Corp. concluded an $8.94 million private placement.

The company issued 6,622,222 shares at $1.35 each.

Far East, based in Houston, is a coal-bed methane gas exploration, acquisition and development company.

Issuer:Far East Energy Corp.
Issue:Stock
Amount:$8.94 million
Shares:6,622,222
Price:$1.35
Warrants:No
Settlement date:June 30
Stock symbol:OTCBB: FEEC
Stock price:$1.60 at close June 30

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.