 OKLAHOMA CITY, Aug. 25, 2021 PRNewswire -- PHX Minerals Inc. NYSE: PHX PHX or the Company announced today that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission and entered into an At-The-Market Equity Offering Sales Agreement the Sales Agreement with Stifel, Nicolaus Company, Incorporated, as sales agent andor principal Stifel, pursuant to which the Company may offer and sell, from time to time to or through Stifel, up to 3,000,000 shares the Shares of its common stock through an at-the-market equity offering program the ATM Program. PHX intends to use the net proceeds from the sale of Shares under the ATM Program for general corporate purposes, including to fund working capital and acquisitions, primarily of mineral and royalty interests. 