Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Eco-Stim Energy Solutions Inc. > News item |
Eco-Stim Energy Solutions eyes $12 million private placement of stock
Deal raises funds for equipment purchase, general corporate purposes
By Devika Patel
Knoxville, Tenn., Jan. 27 - Eco-Stim Energy Solutions Inc. said it will raise between $8 million and $12 million in a private placement of stock.
Proceeds will be used to purchase equipment under pending contracts and for working capital and general corporate purposes.
The shell company is based in Houston.
© 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.