Maxim Group LLC acted as co-placement agent in RGS Energy’s $7.0 million private placement.

LOUISVILLE, Colo., July 3, 2014 (GLOBE NEWSWIRE) — RGS Energy (RGSE) has entered into a definitive agreement to raise approximately $7.0 million in a private placement financing transaction. Under the terms of the agreement, RGS Energy will issue units consisting of an aggregate of 2,919,351 shares of its Class A common stock and warrants to purchase up to 1,313,708 additional shares of Class A common stock, at a price of $2.40 per unit.

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