This Slide: #20 of 100 |
Slide #20. Passport Energy — Amarok Energy
Acquirer:
Passport Energy (PPO.CA)
Acquiree:
Amarok Energy (AMR.CA)
Details:
Passport Energy Ltd. ("Passport") (TSX VENTURE:PPO) and Amarok Energy Inc. ("Amarok") (TSX VENTURE:AMR) are pleased to announce that they have entered into a non-binding letter of intent (the "LOI") to complete a merger between the two companies (the "Proposed Transaction"). It is currently anticipated that the Proposed Transaction will proceed by way of a court approved plan of arrangement (the "Plan") under the Business Corporations Act (Alberta). The Proposed Transaction will be an arm's length transaction under the policies of the TSX Venture Exchange (the "Exchange").
Passport Energy is an early stage natural resource company engaged in the acquisition, exploration, development and production of natural gas and oil properties in Western Canada and the United States. Co's two principal properties, the Hardy Bakken Field located in southeastern Saskatchewan and the Sweetgrass Arch located in the Toole and Pondera Counties, Montana, are the focus of its exploration activities.
Open the PPO.CA Page at The Online Investor »
Passport Energy is an early stage natural resource company engaged in the acquisition, exploration, development and production of natural gas and oil properties in Western Canada and the United States. Co's two principal properties, the Hardy Bakken Field located in southeastern Saskatchewan and the Sweetgrass Arch located in the Toole and Pondera Counties, Montana, are the focus of its exploration activities.
Open the AMR.CA Page at The Online Investor »
|
|
Free Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |