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News Breaks | | | | March 5, 2010 | | 08:05 EDT |  | GLRP | Glen Rose Petroleum receives $4.35M in funding for Wardlaw leases
Glen Rose Petroleum has closed on a funding totaling $4.35M from Iroquois Capital Opportunity Fund, LP. The transaction consists of $3.35M in secured convertible notes and warrants and $1M for the purchase of an undivided 12.5% working interest in the non-producing portions of its leases in the Wardlaw Field in Edwards County, Texas. | |
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