On Tuesday, Following U.S. Stocks were among the “Top Losers”: Callon Petroleum Corporation (NYSE:CPE), Midway Gold Corp. (NYSEMKT:MDW), Calumet Specialty Products Partners LP (NASDAQ:CLMT)

• Callon Petroleum Corporation (NYSE:CPE) with shares dwindled - 22%, closed at $6.18.

• Midway Gold Corp. (NYSEMKT:MDW), with shares declined -11.32%, settled at $0.47, hitting new 52-week low of $0.46.

• Calumet Specialty Products Partners LP (NASDAQ:CLMT), with shares dipped -11.28%, and closed at $24.70.

Latest NEWS regarding these Stocks are depicted underneath:

Callon Petroleum Company (NYSE:CPE)

Callon Petroleum Company (CPE), declared that it has priced an underwritten public offering of 9,000,000 shares of its ordinary stock for total estimated gross proceeds (before the underwriter’s discounts and commissions and estimated offering expenses) of about $59 million. The underwriter will have an option to purchase up to an additional 1,350,000 shares of ordinary stock from the Corporation. The offering is predictable to close on or about March 13, 2015.

Callon intends to use the net proceeds from this offering to repay amounts outstanding under its credit facility, with any remainder being used for general corporate purposes, which may comprise funding of its capital program and future attainments.

J.P. Morgan is acting as sole book-running manager for the offering. The underwritten public offering will be made only by means of a prospectus supplement and accompanying base prospectus. You may obtain these documents for free by visiting EDGAR on the Securities and Exchange Commission’s website at www.sec.gov. Alternatively, copies may be obtained from J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, via telephone at (866) 803-9204, or by emailing [email protected].

The ordinary stock will be issued and sold following an effective shelf registration statement on Form S-3 formerly filed with the SEC.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful preceding to registration or qualification under the securities laws of such state or jurisdiction. This offering may only be made by means of a prospectus supplement and related base prospectus.

Callon is an independent energy corporation focused on the attainment, development, exploration, and operation of oil and gas properties in the Permian Basin in West Texas.

Midway Gold Corp. (NYSEMKT:MDW)

Formerly on March 3, Midway Gold Corp. (MDW), declared that construction of the Pan Gold Mine (“Pan”) in Nevada is about 93% complete and first gold production is predictable by the end of March.

Resolution of Formerly Declared Delays:

The second production well (PW2) that had a mechanical malfunction on January 1, 2015 was abandoned and a replacement well is about 87% complete. Preceding to initiating irrigation of the heap, both operating ponds were filled to capacity by pumping solely from the first production well (PW1) at a rate that was below the more productive PW2. While both ponds are now filled, the Corporation did practiced a delay of several days while the pump motor was replaced on PW1. Having begun irrigation, water is no longer likely to be a source of leaching delays as PW1 has more than adequate capacity to provide make-up water for leach operations as planned. In addition to replacing PW2, Midway will start developing a permitted third well to support construction of a leach pad expansion planned for later this year.

Temporary local occupancy permits have been received for the ADR plant and are not predictable to contribute to any further delays.

On-Going Construction:

• ADR plant instrumentation and equipment installation, and commissioning of the refinery, represent a majority of the remaining plant construction activities.
• The 69 kV power line to the Pan mine is 76% complete with line power predictable in early May. In the meantime, mobile generators are providing power to the project. Spending for completion of the power line is predictable to be within budget.
• Ore control assays, presently outsourced to a commercial lab, are predictable to be offered on–site with commissioning of the lab in April.
• The total capital expenditure at project completion is estimated to be US$84 million and the estimate of project spending as of January 31, 2015 is about US$76 million.

Midway Gold Corp. is a precious metals corporation with a vision to explore, design, build and operate gold mines in a manner accountable to all stakeholders while seeking returns for shareholders.

Calumet Specialty Products Partners LP (NASDAQ:CLMT)

Calumet Specialty Products Partners LP (CLMT), declared that it priced an underwritten public offering of 6,000,000 ordinary units at $26.75 per unit. Calumet also granted the underwriters a 30-day option to purchase up to 900,000 additional ordinary units. This offering is predictable to close on March 13, 2015, subject to customary closing conditions.

Calumet intends to use the net proceeds from this ordinary unit offering, counting a proportionate capital contribution from its general partner, to repay borrowings outstanding under its revolving credit facility and for general partnership purposes, counting capital expenditures, working capital and potentially the redemption or repurchase of outstanding notes.

The ordinary units are being offered and will be sold following an effective shelf registration statement that was formerly filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful preceding to registration or qualification under the securities laws of such states. The offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Calumet is a master limited partnership and a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil and other feedstocks into customized lubricating oils, solvents and waxes used in consumer, industrial and automotive products. Calumet also produces fuel products counting gasoline, diesel and jet fuel. Calumet is based in Indianapolis, Indiana and has fourteen manufacturing facilities located in northwest Louisiana, northwest Wisconsin, northern Montana, western Pennsylvania, Texas, New Jersey, Oklahoma, eastern Missouri and North Dakota.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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