Texhoma Energy secures $5 million through equity purchase agreement

Deal with Southridge will sell company’s common shares at a discount

By Devika Patel

Knoxville, Tenn., July 1 – Texhoma Energy, Inc. said it has arranged a $5 million equity purchase agreement with Southridge Partners II, LP.

The investor will buy common shares at a discount to the trading price.

Based in Houston, Texhoma is an oil and natural gas exploration company.

Issuer:	Texhoma Energy, Inc.
Issue:	Equity purchase agreement
Amount:	$5 million
Price:	Discounted
Warrants:	No
Investor:	Southridge Partners II, LP
Pricing date:	July 1
Stock symbol:	OTCBB: TXHE
Market capitalization:	$7,030

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