Mammoth Energy Services Inc C.TUSK

Primary Symbol: TUSK

Energy Oil & Gas Equipment & Services

Mammoth Energy Services, Inc. is an integrated energy services company focused on providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserve. It is also engaged in the construction and repair of the electric grid for private utilities, public investor-owned utilities and co-operative utilities through its infrastructure services businesses. It operates through four segments. The Natural Sand Proppant services segment mines, processes and sells sand for use in hydraulic fracturing. The Well Completion services segment provides hydraulic fracturing, sand hauling and water transfer services. The Infrastructure services segment provides electric utility infrastructure services in the northeastern, southwestern, midwestern and western portions of the United States. The Drilling services segment provides rental equipment, such as mud motors and operational tools, for both vertical and horizontal drilling.

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Mammoth Energy Services Inc

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Post by HEYmoneymoneyon Jan 01, 2020 8:02pm

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Post# 30509347

NEWS which was not mentioned

Black Tusk closes $46,475 tranche of placement

2019-12-31 08:44 ET - News Release

Mr. Richard Penn reports

BLACK TUSK RESOURCES INC. CLOSES FINAL TRANCHE OF FLOW THROUGH PRIVATE PLACEMENT

Black Tusk Resources Inc. has closed its second and final tranche of its flow-through private placement issuing an additional 845,000 units (as defined below) at a price of 5.5 cents per unit for total proceeds of $46,475. Including the previous tranche (see press release dated Dec. 20, 2019), the total number of units sold under this offering was 4,145,000 for total proceeds of $227,975.

Each unit consists of one flow-through common share and one-half of one share purchase warrant. Each warrant will entitle the holder to purchase an additional share at a price of 10 cents per share for a two-year term.

The company paid finders' fees to EMD Financial Inc. consisting of $2,997.50 cash, 32,700 common shares and 10,900 warrants.