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Empire Diversified Energy Inc. Closes its $26 million dollar funding offering to enhance its corporate acquisition/expansion plan.


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FORT LAUDERDALE, Fla., Dec. 16, 2020 /PRNewswire/  Empire Diversified Energy, Inc. (OTCQB:MPIR) offered additional details today regarding the recent closing of its $26 million funding, and the asset acquisition and expansion that has already begun as a result.  As noted in its release of 12/2/2020, Empire s funding resulted from the issuance by the West Virginia Economic Development Authority of tax-exempt Dock and Wharf Revenue Bonds.  The bond issuance, underwritten by Citigroup, was purchased primarily by Principal Street Partners and Nuveen Investments. This funding will enable Empire Trimodal Terminal, LLC, a new wholly owned subsidiary of MPIR, to acquire, expand and diversify the existing Facilities and operations at the Site. ....

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