Prospect Global Resources (OTC:PGRX -20.6%) said last night it won’t be receiving an expected $100M investment from Apollo Global Management (NYSE:APO); it had intended to use the cash to finance production at its mine in Arizona. PGRX tucked the news at the end of a press release about a new CEO, saying only that both parties "mutually terminated the previously-announced investment agreement."
Prospect Global Resources (OTC:PGRX -20.6%) said last night it won’t be receiving an expected...
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Symbol | Last Price | % Chg |
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PGRX | - | - |
Prospect Global Resources, Inc. |