Rex Energy Corporation Announces Closing of Public Offering of Common Stock
STATE COLLEGE, Pa., Feb. 6, 2012 (GLOBE NEWSWIRE) -- Rex Energy Corporation "Rex Energy" (Nasdaq: REXX) today announced the closing of its previously announced underwritten public offering of 8,050,000 shares of common stock, including the full exercise of the underwriters' over-allotment option of 1,050,000 shares. All shares were sold at a price of $9.25 per share. The net proceeds of the offering to Rex Energy will be approximately $70.6 million, after deducting underwriting discounts, commissions and estimated offering expenses. Rex Energy intends to use the net proceeds of the offering to repay ...
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