Attached files
file | filename |
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8-K - FORM 8-K - GASCO ENERGY INC | d74036e8vk.htm |
EX-4.3 - EX-4.3 - GASCO ENERGY INC | d74036exv4w3.htm |
EX-3.1 - EX-3.1 - GASCO ENERGY INC | d74036exv3w1.htm |
EX-4.2 - EX-4.2 - GASCO ENERGY INC | d74036exv4w2.htm |
EX-4.1 - EX-4.1 - GASCO ENERGY INC | d74036exv4w1.htm |
EX-99.1 - EX-99.1 - GASCO ENERGY INC | d74036exv99w1.htm |
EX-10.1 - EX-10.1 - GASCO ENERGY INC | d74036exv10w1.htm |
EX-99.3 - EX-99.3 - GASCO ENERGY INC | d74036exv99w3.htm |
EX-10.2 - EX-10.2 - GASCO ENERGY INC | d74036exv10w2.htm |
Exhibit 99.2
For Release at 7:30 AM EDT on Monday, June 28, 2010
Gasco Energy Closes Exchange of 5.5% Convertible Notes
DENVER June 28, 2010 /PRNewswire-FirstCall/ Gasco Energy (NYSE Amex: GSX) (Gasco or
the Company) today announced that it issued in a private placement $64,532,000 aggregate
principal amount of 5.5% Convertible Senior Notes due October 5, 2015 (the 2015 Notes) in
exchange for $64,532,000 aggregate principal amount of the Companys 5.5% Convertible Senior Notes
due October 5, 2011 (the 2011 Notes). The exchanged 2011 Notes represented 99.28% of the
outstanding 2011 Notes. The 2015 Notes are convertible, at the option of the holder, into shares
of the Companys common stock and/or shares of the Companys newly designated Series C Convertible
Preferred Stock, which are convertible into Common Stock. The 2015 Notes are unsecured and
unsubordinated and are guaranteed by all of the Companys domestic subsidiaries. The Company will
pay interest semiannually on the unpaid principal amount of the 2015 Notes at a rate of 5.5% per
annum.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy,
any of the securities described herein, nor shall there be any sale of these securities in any
state in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such state. The securities that were offered have not
been registered under the Securities Act of 1933 (as amended, the Securities Act) or any state
securities laws and may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements. The securities were offered in reliance on the
exemption from the registration requirements of the Securities Act afforded by Section 4(2) and
Regulation D thereof and the securities were offered only to qualified institutional buyers within
the meaning of Rule 144A under the Securities Act and/or institutional accredited investors within
the meaning of Rule 501(a) under the Securities Act. This notice is being issued pursuant to and in
accordance with Rule 135c under the Securities Act.
Contact for Gasco Energy, Inc.: Investor Relations: 303-483-0044