Scandoil  

ZaZa Energy enters into $7.5m capital markets transaction


Published Jul 23, 2014
[an error occurred while processing this directive]

Edit page New page Hide edit links

ZaZa Energy Corporation

ZaZa Energy Corporation has entered into a $7.5 million capital markets transaction with Crede Capital Group, LLC, a Los Angeles-based family office. The Company plans to use the proceeds to fund additional East Texas development and lease acquisitions.

The investment will be made in two phases. The closing of the first phase, which has occurred today, is for $5 million gross proceeds in exchange for ZaZa common stock at a price of $0.83 per share. The price per share was determined by the closing price on July 17, 2014 as reported on the Nasdaq Capital Market.

Tags: ZaZa Energy




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml