FORT
WORTH, Texas, Dec. 12,
2024 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the
"Company" (NYSE: PHX), today announced that its Board of Directors
(the "Board") has agreed to initiate a process to evaluate certain
strategic alternatives to maximize shareholder value, including a
potential merger or sale of the Company. RBC Capital Markets, LLC
has been retained as financial advisor to assist in the review
process.
About PHX Minerals Inc.
PHX Minerals Inc. is a natural gas and oil mineral company with
a strategy to proactively grow its mineral position in its core
focus areas. PHX owns mineral acreage principally located in
Oklahoma, Texas, Louisiana, North
Dakota and Arkansas.
Additional information on the Company can be found at
www.phxmin.com.
Investor Contact:
Rob Fink / Stephen Lee
FNK IR
646.809.4048
PHX@fnkir.com
Corporate Contact:
405.948.1560
inquiry@phxmin.com
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SOURCE PHX MINERALS INC.