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PHX Minerals (PHX) Prices Upsized Common Stock Offering at $2/Share

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Go back to PHX Minerals (PHX) Prices Upsized Common Stock Offering at $2/Share

PHX Minerals (PHX) Announces 5M Share Public Offering Of Shares Of Common Stock

April 15, 2021 4:32 PM EDT

PHX Minerals Inc. (NYSE: PHX) ("PHX" or the "Company") announced today that it has commenced an underwritten public offering of 5,000,000 shares of its common stock (the "Common Stock Offering"). PHX also intends to grant the underwriters a 30-day option to purchase up to 750,000... More

PHX Minerals (PHX) has agreed to acquire from certain mineral and royalty interests totaling approximately 2,698 net royalty acres in the Southern SCOOP play

April 15, 2021 4:32 PM EDT

PHX Minerals Inc. (NYSE: PHX) ("PHX" or the "Company") announced today that it has agreed to acquire from certain third parties certain mineral and royalty interests totaling approximately 2,698 net royalty acres in the Southern SCOOP play (the "Acquisition") for $11,947,000 in cash and stock, subject to customary closing adjustments. The purchase price consists of $9,547,000 in cash and $2,400,000 in PHX common stock. PHX intends to raise the cash portion of the purchase price through an underwritten... More