HOUSTON, TX--(Marketwire - August 19, 2010) - GeoMet, Inc. (
The Company's Annual Meeting of stockholders will be held on November 9, 2010. Stockholders of record at the close of business on September 27, 2010 are entitled to notice of and to vote at the Annual Meeting.
The Company filed a registration statement on Form S-3 with the Securities and Exchange Commission on November 18, 2009 that registers the Preferred Stock underlying the Rights which was declared effective on December 8, 2009 and filed a prospectus supplement to such registration statement on July 29, 2010.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of GeoMet, Inc. nor shall there be any sale of such securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
Forward-Looking Statements Notice
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements. In addition, the Company cannot assure that it will be successful in obtaining additional financing on the terms outlined in this press release or otherwise. Careful consideration should be given to the risk factors and other cautionary statements included in our most recent annual report on Form 10-K filed with the Securities and Exchange Commission. GeoMet undertakes no duty to update or revise these forward-looking statements.
About GeoMet, Inc.
GeoMet, Inc. is an independent energy company primarily engaged in the exploration for and development and production of natural gas from coal seams ("coalbed methane") and non-conventional shallow gas. Our principal operations and producing properties are located in the Cahaba Basin in Alabama and the Central Appalachian Basin in West Virginia and Virginia. We also control coalbed methane and oil and gas development rights, principally in Alabama, British Columbia, Virginia, and West Virginia.
Contact Information:
For more information please contact
Stephen M. Smith
(713) 287-2251
John Baldissera
BPC Financial
(800) 368-1217
or visit our website at www.geometinc.com