Hunton Andrews Kurth LLP

05/17/2021 | Press release | Distributed by Public on 05/17/2021 13:14

Hunton Andrews Kurth Advises Underwriters in Connection with PHX Minerals Inc.’s Follow-On Equity Offering

Hunton Andrews Kurth LLP represented the underwriters in connection with a follow-on equity offering made by PHX Minerals Inc. for an aggregate of 6,175,000 shares of Class A common stock at $0.01666 par value per share, including 675,000 shares pursuant to the partial exercise by the underwriters of their option (the 'Common Stock').

PHX Minerals Inc. is an Oklahoma City-based natural gas and oil mineral company with a strategy to proactively grow its mineral position in its core areas of focus. PHX owns approximately 253,000 net mineral acres principally located in Oklahoma, Texas, North Dakota, New Mexico and Arkansas.

The Hunton Andrews Kurth team included Richard Kronthal, Phil Haines, Taylor Landry, Mike Hoffman, Marshall Heins and Kelli Regan.