Southcross Energy Partners (SXE) Declares $0.40 Quarterly Dividend; 15.5% Yield

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Southcross Energy Partners, L.P. Announces Second Quarter 2015 Distribution

July 30, 2015 6:05 PM EDT

DALLAS--(BUSINESS WIRE)-- Southcross Energy Partners, L.P. (NYSE: SXE) (Southcross or the Partnership) today announced that the board of directors of its general partner has declared a cash distribution for the second quarter of 2015 of $0.40 per common unit. The distribution will be paid on August 14, 2015 to unitholders of record on August 10, 2015.

In addition, the board of directors of the Partnerships general partner declared a $0.3257 per unit distribution for the second quarter of 2015 on the Partnerships Class B convertible units. The distribution on the Class B convertible units will be paid in... More

Strata-X Energy Announces Private Placement

July 29, 2015 4:37 AM EDT

DENVER, COLORADO and BRISBANE, AUSTRALIA and VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/29/15 -- Strata-X Energy Limited ("Strata-X" or the "Company") (TSX VENTURE: SXE) (ASX: SXA) is pleased to announce that it intends to raise up to A$1.5 million. The funds will be raised via a non-brokered private placement to sophisticated and institutional investors of up to 12.75 million Units in the Company at a price of A$0.08 per Unit for gross proceeds of up to A$1,020,000 (the "Placement") plus an additional A$480,000 from the Directors of the... More