Empire extends rights offering to Aug 20; $5M raise, chairman participates

EMPIRE PETROLEUM CORP

Empire Petroleum extends rights offering expiration to Aug 20, 2025; gross proceeds up to $5.0M ($2.5M from warrants).
Each subscription right at $0.07367 buys 0.0139 shares + warrant exercisable at $5.46/share.
Chairman Phil Mulacek intends to fully subscribe and over-subscribe his pro rata share.
Offering originally launched July 10; extended to allow more time for documentation.

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