EnerJex Resources (JEX) Files $20M IPO

April 10, 2008 8:58 AM EDT

EnerJex Resources (AMEX: JEX) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $28 million. The company plans to list on the AMEX under the symbol "JEX".

The offering is being made through C.K. Cooper & Company.

EnerJex, formerly known as Millennium Plastics Corporation, is an oil and natural gas acquisition, exploration and development company. In August 2006, Millennium Plastics Corporation, following a reverse merger by and among us, Millennium Acquisition Sub and Midwest Energy, Inc., a Nevada corporation, changed its business plan and entered into the oil and natural gas industry. In conjunction with the change, the company was renamed EnerJex Resources, Inc. [BCS]

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