Brief: Phx Energy Services Corp. Announces Strategic Investment In Geothermal Power Developer Deep Earth Energy Production Corp.

PHX Energy Services

20/07/2021 21:28

July 20 (Reuters) - PHX Energy Services Corp  PHX.TO :
    * PHX ENERGY SERVICES CORP. ANNOUNCES STRATEGIC INVESTMENT
IN
GEOTHERMAL POWER DEVELOPER DEEP EARTH ENERGY PRODUCTION CORP.
    * PHX ENERGY - INVESTMENT IN DEEP IS $3 MILLION WITH A
PROVISION
FOR ANOTHER $3.5 MILLION OF EQUITY UPON POTENTIAL EXERCISE OF
WARRANTS HELD BY PHX ENERGY
    * PHX ENERGY SERVICES CORP - JOHN HOOKS, CEO OF CO, IS
EXPECTED TO
JOIN DEEP'S BOARD

Source text for Eikon:  ID:nGNX3jPkwT 
Further company coverage:  PHX.TO 

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