New Issue: Westside Energy settles $10.33 million stock sale

By Sheri Kasprzak

New York, Jan. 10 - Westside Energy Corp. said it completed a private placement of stock for $10,325,700.

The company sold 3,278,000 shares at $3.15 each to a group of accredited investors.

Proceeds will be used for the acquisition of additional acreage, exploration and development and working capital.

Based in Houston, Westside is an oil and natural gas exploration, development, production and acquisition company.

Issuer:	Westside Energy Corp.
Issue:	Stock
Amount:	$10,325,700
Shares:	3,278,000
Price:	$3.15
Warrants:	No
Settlement date:	Jan. 10
Stock price:	$3.76 at close Jan. 9

© 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.