Houston American Energy Corp. Announces $4,420,000 Registered Direct Offering.

Group 1 - Houston American Energy Corp. has entered into a definitive agreement for the purchase and sale of 2,600,000 shares of its common stock at a price of $1.70 per share in a registered direct offering [1][2] - The expected gross proceeds from this offering are approximately $4,420,000, with the transaction anticipated to close on or about January 23, 2025, subject to customary closing conditions [2] - The offering is being conducted under a shelf registration statement previously filed and declared effective by the SEC on November 4, 2024 [3] Group 2 - Univest Securities, LLC is acting as the sole placement agent for this offering [2] - A final prospectus supplement and accompanying prospectus will be filed with the SEC and will be available on the SEC's website [3][4] - The press release clarifies that it does not constitute an offer to sell or solicit an offer to buy securities in jurisdictions where such actions would be unlawful [4]