Aly Energy Services, Inc. Announces Acquisition of United Centrifuge USA, LLC
Marketwire - Wed Apr 16, 8:29AM CDT
Aly Energy Services, Inc. (OTCQB: ALYE) today announced that on April 15, 2014, it acquired substantially all of the assets used in the operations of United Centrifuge USA, LLC, including but not limited to 46 centrifuges as well, shakers and vehicles, and all of the outstanding membership interests in United Centrifuge USA, LLC, in a deal totaling $25MM.
Aly Energy Services, Inc. Announces Completion of Private Placement and Resignation of Member of Board of Directors
Marketwire - Mon Jan 06, 5:15PM CST
Aly Energy Services, Inc. (OTCQB: ALYE) today announced that it has completed a private offering of an aggregate of 15,744,997 shares of its common stock at a price of $0.15 per share to approximately 22 of the existing beneficial owners of its capital stock. The offering is exempt from registration under the Securities Act of 1933, as amended, pursuant to Section 4(2) and Rule 506 thereunder. The proceeds of the offering will be used to pay down debt and on growth capital expenditures for its operating yards in the Permian and Eagle Ford basins.