PLATTEVILLE, Colo., Dec. 16, 2011 /PRNewswire/ -- Synergy Resources Corporation (NYSE Amex: SYRG), a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin (the "D-J Basin"), announced today the pricing of its public offering of 12,727,273 shares of common stock at a price to the public of $2.75 per share. Synergy Resources intends to use the net proceeds from the offering for its development drilling program in the Wattenberg Field. Any amount of the net proceeds of this offering not used for its development drilling program will be used for general corporate purposes.
The underwriters for this offering will be Northland Capital Markets and C. K. Cooper & Company, acting as joint bookrunners, with GVC Capital LLC acting as co-manager.The offering will be conducted pursuant to an effective shelf registration statement, which is on file with the Securities and Exchange Commission. A prospectus supplement related to the offering has been filed with the Securities and Exchange Commission. A copy of the prospectus supplement and the base prospectus related to the offering may be obtained from the Securities and Exchange Commission's website at http://www.sec.gov or by contacting Northland Capital Markets, 45 S. Seventh St., Suite 2000, Minneapolis, MN 55402, by calling (612) 851-5966, or by emailing Andrew Pafko, email@example.com or by contacting C. K. Cooper & Company, 18300 Von Karman Avenue, Suite 700, Irvine, CA 92612, by calling (949) 477-9300, or by emailing Hue Lapham, firstname.lastname@example.org. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of Synergy Resources, and there shall not be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV