Miller Energy Resources, Inc. Prices New Offering of Its Series C Preferred Stock (Miller Energy Resources Inc)

(Source: Miller Energy Resources Inc) KNOXVILLE, TN -- (Marketwired) -- 06/27/13 -- Miller Energy Resources, Inc. (NYSE: MILL) (the "Company") announced today that it has priced an underwritten public offering of its 10.75% Series C Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share) (the "Series C Preferred Stock") at a public offering price of $21.50 per share. The Series C Preferred Stock is currently traded on the New York Stock Exchange, LLC, or NYSE, under the ticker symbol MILLprC. Gross proceeds to the Company are expected to be approximately $7.2 million. Closing of the offering is scheduled for July 2, 2013, subject to customary...