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Hyperdynamics to Raise $10.5 Million in Registered Direct Offering

April 20 2010

announced today that the Company has entered into a definitive agreement with institutional investors in a registered direct offering of its common stock with gross proceeds of approximately $10.5 million. Hyperdynamics Corporation plans to use the net proceeds from the offering to fund a portion of their 3D seismic data acquisition and processing, certain short…