Lucas Energy Inc
* Says anticipates that by end of its q2 of fiscal 2017, it will close its pending acquisition of assets from various sellers
* Operating undergoing concern since December 31, 2014, which corresponded with collapse in crude oil prices that began in June 2014
* Lucas energy discloses auditor’s going concern opinion on 2016 financials and receipt of notice from NYSE market
* Says in consideration for the acquisition of assets, the company will issue approximately 13 million shares of common stock Source text for Eikon: Further company coverage: ).
Recent Articles on M&A
Source: Reuters.com
