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Nextraction Energy Corp Announces Closing Of Acquisition Of Cowboy Exploration Ltd
Nextraction Energy Corp announced that it has closed its previously announced acquisition (the Acquisition) of Cowboy Exploration Ltd., a closely held private oil and gas company (Cowboy). Pursuant to the terms of the agreement, shareholders representing 92% of the outstanding Cowboy shares have tendered to the Offer and Nextraction has issued an aggregate of 3,501,334 Common Shares to former Cowboy shareholders as payment for their Cowboy shares tendered under the Acquisition. All necessary consents and approvals have been obtained, including those of the TSX Venture Exchange.
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