Barnwell Industries Raises $2.4 Million in Private Placement

Reuters2025-11-25

Barnwell Industries Raises $2.4 Million in Private Placement

Barnwell Industries Inc. has announced a private placement with accredited investors for the purchase and sale of approximately 2.2 million shares of common stock at a price of $1.10 per share, generating expected gross proceeds of about $2.4 million. The company stated that the proceeds will be used for general corporate purposes. This transaction was conducted in reliance on exemptions from the registration requirements of the Securities Act of 1933 and applicable state securities laws.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barnwell Industries Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1111815) on November 25, 2025, and is solely responsible for the information contained therein.

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