19 /PRNewswire/ -- Freeport-McMoRan Oil and Gas Royalty Trust (NYSE: FMR) announced that for the month of August 1994, Net Proceeds
attributable to the Trust totaled $2,895 or $.
from this offering were approximately $390.
HOUSTON, July 22 /PRNewswire/ -- Freeport-McMoRan Oil and Gas Royalty Trust (NYSE: FMR) announced that for the month of July 1994, Net Proceeds
attributable to the Trust totalled $2,109 or $.
The Company received net proceeds
from the exercise of the over-allotment option of approximately $10.
The net proceeds
to Welcome Home from the sale of the 3.
Excluding the proceeds from the purchase of additional notes, Illumina estimates that the net proceeds
from this offering will be approximately $341 million after deducting estimated discounts, commissions and expenses.
Pursuant to the Joint Marketing Agreement, the Committee and APT have agreed that the net proceeds
of the sale shall be divided as follows: (i) Of the first $40 million in net proceeds
: $26 million to APT and $14 million to the Angeles Corp.
Illumina expects to use up to approximately $200 million of the net proceeds
from this offering to purchase shares of its common stock in privately negotiated transactions concurrently with this offering.
The company incurred approximately $270,000 in expenses relating to the offering, leaving net proceeds
of approximately $10.
Excess production costs amounting to approximately $1,800,000 associated with Jay Field were recouped in the current month, with resulting net proceeds
of approximately $292,000.
10 per share, generating net proceeds
of approximately $14.
The Company intends to use a portion of the net proceeds
from the offering of the notes together with the proceeds from warrant transactions, which the Company also intends to enter into with certain dealers, to fund the cost of the convertible note hedge transactions.