Gasco Energy has filed to periodically sell up to $250 million in debt securities, preferred and common stock, and other securities, reports Reuters.
The company said in a filing with the U.S. Securities and Exchange Commission that it plans to use the proceeds from the shelf offering for general corporate purposes.
Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale.
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