PROSPECT GLOBAL RESOURCES INC. | 2013 | FY | 3


 

Secured Convertible Notes

 

Merkin Note
$2.0 million
Face Value

 

COR Note
$0.5 million
Face Value

 

Hexagon Note
$2.5 million
Face Value

 

Avalon Note
$1.5 million
Face Value

 

Second
Hexagon Note
$1.5 million
Face Value

 

 

 

(thousands)

 

(thousands)

 

(thousands)

 

(thousands)

 

(thousands)

 

Proceeds

 

$

(2,000

)

$

(500

)

$

(2,500

)

$

(1,500

)

$

(1,500

)

Compound embedded derivative

 

10,068

 

333

 

460

 

708

 

432

 

Warrant derivative liability

 

 

 

3,954

 

5,147

 

2,135

 

Day-one derivative loss

 

(8,068

)

 

(1,914

)

(4,355

)

(1,067

)

Carrying value

 

$

 

$

(167

)

$

 

$

 

$

 

 


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