Houston American Energy Corp. Announces Closing of Private Placement and New Leadership to Boost Growth & Transformation
Houston American Energy Corporation (HUSA)
NASDAQ:AMEX Investor Relations:
houstonamerican.com
Company Research
Source: GlobeNewswire
HOUSTON, TX, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Houston American Energy Corp. (NYSE American: HUSA) (the “company”) today announced that the company has closed a private placement offering for the issuance and sale of 2,180,180 shares of common stock of the company (the “private placement“) to an accredited investor. The aggregate gross proceeds to the company from the offering were approximately $2.5 million, before deducting placement agent fees and other offering expenses. Univest Securities, LLC acted as the exclusive placement agent for the private placement. The company today also announced certain management changes. John F. Terwilliger, the company’s President and Chief Executive Officer, has advised the company that he would be stepping down from those positions, effective November 11, 2024. Mr. Terwilliger will provide advisory services to the company for a limited period of time to effect an orderly transition. Mr. Terwilliger will continue to serve as a director of the
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HUSA
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 3
- 11/22/24 - Form 3
- HUSA's page on the SEC website