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Stock Market & Financial Investment News

News Breaks
March 25, 2014
09:08 EDTSYMXSynthesis Energy raises $15M in a registered direct offering
Synthesis Energy announced that it has entered into agreements with certain accredited investors regarding a registered direct placement of 8,333,334 units at a price of $1.80 per Unit for aggregate gross proceeds of $15M. Each Unit consists of one share of common stock , par value $0.01 per share, of the Company (the "Common Stock") and an associated warrant to purchase one-half of one share of Common Stock with an exercise price of $2.16 per share. T.R. Winston & Company, LLC acted as the exclusive placement agent for the offering.
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