Barnwell Industries, Inc. Announces Closing of Previously Announced Private Placement Led by Bradley Radoff
Barnwell Industries, Inc. (NYSE American:BRN) ("Barnwell" or the "Company") today announced that it has closed its previously announced private placement of common stock and warrants raising gross proceeds of approximately $2.4 million from accredited investors.Under the terms of the transaction, Barnwell issued an aggregate of 2.2 million shares of common stock at a purchase price of $1.10 per share. In addition, purchasers of the common stock,...
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