Emerald Oil Inc (NYSEMKT:EOX ) has finished the sale of 5,092,852 shares of its common stock to the member of private equity firm White Deer Energy for roughly $32.5 million. The amount it has raise from the recent selling of its shares from the private placement, as well as the amount raise from recently ended IPO, finance in parts or in whole, to drive growth and development plans, general corporate purpose and finance capital expenditures and the cost of acquisition and leasing.
According to the securities purchase contract, the shares of common stock provided and sold to energy private equity firm will not be listed according to 1933 Securities Act. This act also said, common stock not be sold or offered in the US an applicable exemption or absent registration from registration necessities. Emerald Oil Inc (NYSEMKT:EOX) shares rose 10.95% to $8.51 in last trading session.
Kingold Jewelry Inc (NASDAQ:KGJI) declared that its management team will be conducting media appearances and host investor meetings in the week of 18 of next month 18 in the United States.
The China’s leading designers and manufacturers of gold jewelry Chief Executive Officer and Chairman Zhihong Jia, said the company is eagerly looking ahead to conducting interviews and meeting with institutional investors concerning forthcoming corporate activities. He also added, the company is also looking forward to go over the ongoing high levels of demand for its investment gold products and jewelry, as well as sure that Kingold is strongly positioned and well-capitalized and for long-term and short-term growth.
The high value 24-karat gold jewelry, investment-oriented products and ornaments operator’s management team will provide a synopsis of the company’s operations, as well as a talk of recent activities and its strategy. Kingold Jewelry Inc (NASDAQ:KGJI) shares advanced 17.03% to $2.13 in last trading session.
Leave a Reply