One-Page Deal Sheet
Brishlin Takes Controlling Interest in Synergy; Changes Name
Brishlin Resources Inc. SRC Energy Inc
Announced Date
September 12,2008
Close Date
September 10,2008
Transaction Type
Property
Asset/Basin:
{"Denver-Julesburg Basin"}
Location
Country
United States
State
Colorado
Transaction Details: Subscribe to see
On September 10, 2008 Brishlin Resources, Inc. acquired approximately 89% of the outstanding shares of Synergy Resources Corporation in exchange for 8,902,500 shares of its common stock and 1,042,500 Series A warrants.
In contemplation of the acquisition, the shareholders of Brishlin, at a special meeting held on September 8, 2008, approved a 10-for-1 reverse split of Brishlin's common stock and approved a resolution to change Brishlin's name to Synergy Resources Corporation. As a result of the reverse stock split, Brishlin had 1,038,000 outstanding shares of common stock at the time of the…
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