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 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Friday, April 19, 12:56 AM
Slide #567. GreenHunter Energy, Inc. — Preferred Stock Offering
| Company: |
GreenHunter Energy, Inc. (GRH) |
| Security type: |
10.0% Series C Perpetual Preferred Stock (GRH.PRC) |
| Shares Offered: |
300,000 |
| Price Per Share: |
$21 |
| Closed Date: |
12/17/2012 |
| Preferred Stock Offering Details: |
GreenHunter Energy, Inc., a diversified renewable energy company predominately focused on water resource management in the unconventional oil and natural gas shale resource plays, announced today that it has closed on an at-the-market public offering of 300,000 shares of its 10.0% Series C Cumulative Preferred Stock (liquidation preference of $25.00 per share) at a public offering price of $21.00 per share. The 10.0% Series C Cumulative Preferred Stock is trading on the NYSE MKT under the ticker symbol "GRH.PRC". |
GreenHunter Resources is a water management services company that engages in water solutions required for the oil and natural gas shale resource plays. Through its wholly-owned subsidiaries, Co. provides Oilfield Fluid Management Solutions™ in the oilfield and within the shale plays of the Appalachian Basin. Co.'s Oilfield Fluid Management Solutions™ are custom developed to meet producers' water resource planning needs. These solutions include owning and operating saltwater disposal facilities, transportation of fluids, frac tank rentals, above ground storage tanks, and mobile and permanent water treatment technologies to provide services to its customers. Preferred: GRH.PRC
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