Oil & Gas Exploration & Production M&A » By The Online Investor Staff, updated Sun., Apr. 28, 8:16 AM
Recent mergers and acquisitions in the Oil & Gas Exploration & Production M&A category.
Slide #30. 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 »
|
April 28, 2024 8:16 AM Eastern
|