Pacific Energy Development Announces Proposed Public Offering of Common Stock

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Pacific Energy Development (PED) Prices 5.6M Common Offering at 50c/Share

May 13, 2015 9:12 AM EDT

PEDEVCO Corp. (NYSE: PED), d/b/a Pacific Energy Development, announced the pricing of its underwritten public offering of an aggregate of 5,600,000 shares of common stock at the price of $0.50 per share to the public (the "Offering"). The Company expects to receive gross proceeds of $2.8 million,... More