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Canacol Energy Ltd And Shona Energy Company Inc Announce Merger

Friday, 26 Oct 2012 09:33am EDT 

Canacol Energy Ltd (Canacol) and Shona Energy Company Inc (Shona) announced that both companies have reached an agreement to join businesses of both companies. According to the agreement, Canacol will acquire 100% of class A common shares of Shona and series A preferential shares of Shona in exchange for cash and common shares of Canacol. The transaction is expected to be concluded on December 20, 2012. No further details were disclosed. 

Company Quote

-0.04 -0.58%
10 Jul 2014