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Published on 6/24/2014 in the Prospect News PIPE Daily.

Nytex Energy Holdings wraps $1 million private placement of shares

Offering sells 8,013,902 common shares at $0.125 apiece to Cory Hall

By Devika Patel

Knoxville, Tenn., June 24 – Nytex Energy Holdings, Inc. completed a $1 million private placement of stock with Cory Hall on June 20, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The company sold 8,013,902 common shares at $0.125 per share. The price per share is a 13.64% premium to the $0.11 closing share price on June 19.

The energy company is based in Dallas.

Issuer:Nytex Energy Holdings, Inc.
Issue:Common stock
Amount:$1,001,738
Shares:8,013,902
Price:$0.125
Warrants:No
Investor:Cory Hall
Settlement date:June 20
Stock symbol:OTCBB: NYTEE
Stock price:$0.11 at close June 19
Market capitalization:$1.34 million

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