This Slide: #56 of 100 |
Slide #56. Mooncor Oil & Gas Corp. — Birch Lake Energy Inc.
Acquirer:
Mooncor Oil & Gas Corp. (MOO.CA)
Acquiree:
Birch Lake Energy Inc. (BLK.CA)
Details:
Mooncor Oil & Gas Corp. ("Mooncor") (TSX VENTURE:MOO) and Birch Lake Energy Inc. ("Birch Lake") (TSX VENTURE:BLK) are pleased to announce that they have entered into a non-binding letter agreement (the "LOI") for the arm's length acquisition by Mooncor of 100% of the common shares of Birch Lake Energy Inc. ("Birch Lake") (TSX VENTURE:BLK). Pursuant to the terms of the LOI, the acquisition is subject to completion of certain conditions precedent, including, satisfactory due diligence, execution of a definitive agreement and receipt of all necessary director, shareholder, regulatory and TSX Venture Exchange approvals.
Moon River Capital is engaged in identification and evaluation of assets or businesses with a view to completing a qualifying transaction.
Open the MOO.CA Page at The Online Investor »
Moon River Capital is engaged in identification and evaluation of assets or businesses with a view to completing a qualifying transaction.
Open the BLK.CA Page at The Online Investor »
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