PRB Gas Transportation, Inc. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • April 12th, 2005 • PRB Gas Transportation, Inc. • Natural gas transmission • New York
In connection with an initial public offering (the “Offering”) of common stock, $0.001 par value (the “Common Stock”), PRB Gas Transportation, Inc., a Nevada corporation (the “Company”), proposes to issue and sell to Gilford Securities Incorporated (the “Underwriter” or “you”) pursuant to this Underwriting Agreement (the “Agreement”) 2,000,000 shares of Common Stock (the “Primary Offering Shares”). The date on which the Securities and Exchange Commission (the “Commission”) shall declare the registration of the Company effective under the Securities Act of 1933, as amended (the “Act”), shall be the “Effective Date.” In addition, the Company proposes to grant to the Underwriter the option referred to in Section 2(b) to purchase all or any part of an aggregate 300,000 shares of Common Stock (the “Over-Allotment Shares” and, together with the Primary Offering Shares, the “Shares”).
