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