In an effort to increase capital availability and financial flexibility, ERHC Energy (OTCBB: ERHE) announced its Board of Directors approved resolutions amending the company’s Restated Articles of Incorporation to increase the number of authorized shares and to create or issue one or more classes of preferred stock from shares of currently authorized preferred stock.  This is a signal the company will likely issue equity to existing and new shareholders, possible to include debt instruments, to raise the appropriate funds for its exploration pr...


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