Empire Petroleum Raises $2.5 Million in Fully Subscribed Rights Offering

MT Newswires Live

2025/08/21

Empire Petroleum (EP) said Thursday its rights offering was fully subscribed, generating about $2.5 million in gross proceeds.

The offering could lead to an additional $2.5 million in proceeds from the future exercise of the warrants issued as part of the transaction, the company said.

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