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June 02, 2014 06:00 ET | Source: Lilis Energy, Inc.

Lilis Energy Raises $7.5 Million in Private Placement of Convertible Preferred Stock

DENVER, June 2, 2014 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (Nasdaq:LLEX), announced today that on Friday, May 30, 2014 it closed a private placement of $7.5 million of its Series A 8% convertible...