Maxim Group acted as joint book-running manager on Miller Energy Resources’ $17.1 million preferred stock offering

KNOXVILLE, TN — (Marketwired) — 08/26/14 — Miller Energy Resources, Inc. (NYSE: MILL) (the “Company”) announced today that, on August 25, 2014, it completed and closed its previously announced underwritten public offering of its 10.5% Series D Fixed Rate/Floating Rate Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share) (the “Series D Preferred Stock”). The Company issued 750,000 shares, raising gross proceeds of $18.375 million. MLV & Co. LLC and Maxim Group LLC are acting as Joint Book-Running Managers for the offering. Aegis Capital Corp., I-Bankers Securities, Inc., Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), National Securities Corporation, a wholly owned subsidiary of National Holdings, Inc. (OTCBB: NHLD), and Northland Capital Markets acted as Co-Managers.

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