Barnwell Industries, Inc. Announces Closing of Previously Announced Private Placement Led by Bradley Radoff

Group 1 - Barnwell Industries, Inc. has successfully closed a private placement of common stock and warrants, raising approximately $2.4 million from accredited investors [1] - The company issued a total of 2.2 million shares of common stock at a price of $1.10 per share as part of the transaction [1]