$CEGX: NEWS OUT~~~ Cardinal Energy Group, Inc. Ap
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Posted On: 04/11/2017 11:40:47 AM
$CEGX: NEWS OUT~~~ Cardinal Energy Group, Inc. Appoints Capital City Securities Placement Agent
'$4,600,000 Series D Preferred Stock Offering'
Timothy W. Crawford, CEO of Cardinal Energy stated, “We are pleased to announce the engagement of Capital City Securities, LLC based in Columbus, Ohio to be one of the placement agents for our $4,600,000 Series D Preferred Stock Offering. The capital from this offering will allow us to retire any remaining Convertible Notes, acquire EOI Eagle Operating assets and further develop existing oil and gas properties and new oil and gas leases we plan to acquire . In total, we anticipate drilling and completing at least 24 additional development wells during the remainder of 2017”.
http://www.cardinalenergygroup.com/news-room/
'$4,600,000 Series D Preferred Stock Offering'
Timothy W. Crawford, CEO of Cardinal Energy stated, “We are pleased to announce the engagement of Capital City Securities, LLC based in Columbus, Ohio to be one of the placement agents for our $4,600,000 Series D Preferred Stock Offering. The capital from this offering will allow us to retire any remaining Convertible Notes, acquire EOI Eagle Operating assets and further develop existing oil and gas properties and new oil and gas leases we plan to acquire . In total, we anticipate drilling and completing at least 24 additional development wells during the remainder of 2017”.
http://www.cardinalenergygroup.com/news-room/
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