Corning Natural Gas Raises $2.5M at 10% Discount from QCI Asset Mgt.

Corning Natural Gas Corporation (CNIG) announced that it has raised $2,460,000 in a Common Stock transaction. The common stock was sold at $16.40 per share, an approximate 10% discount to the market price ($18.25) of CNIG at deal announcement. The investors include funds managed by QCI Asset Management. The transaction closed on April 09, 2014. via PlacementTracker.

Milestone Scientific Raises $3M in PIPE at 7% Premium

Milestone Scientific Inc. (MLSS) announced that it has raised $3,000,000 in a Common Stock transaction. The common stock was sold at $1.50 per share, an approximate 7% premium to the market price ($1.40) of MLSS at deal announcement. The investor was BP4 S.p.A.. Issuer counsel was Golenbock Eiseman Assor Bell & Peskoe and investor counsel was Goodwin Procter, LLP. Note that the Placement will become null and void without liability for any purchaser unless $10 million has been raised and the transaction closed by May 15, 2014.

Royale Energy Announces $10M ATM Program via Roth Capital

Royale Energy, Inc. (ROYL) announced that it has secured up to $10,000,000 in an ATM (At the Market) transaction with Roth Capital Partners, LLC. The purchase price is the prevailing market price at the time of the Draw Down Notice. Placement Agent counsel was K&L Gates LLP and issuer counsel was Strasburger & Price, LLP. An agreement was reached on April 04, 2014. via PlacementTracker.