Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Wright Reports
$75.00
Provider: Jennings Capital Inc.
$35.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Pine Cliff Energy Ltd And Geomark Exploration Ltd. Announces Execution Of Arrangement Agreement


Thursday, 6 Sep 2012 07:00am EDT 

Pine Cliff Energy Ltd and Geomark Exploration Ltd. jointly announced that they have entered into an arrangement agreement whereby Pine Cliff and Geomark will combine their operations. Under the terms of the Arrangement Agreement, Pine Cliff will acquire all of the issued and outstanding common shares of Geomark on the basis of 1.5 common shares of Pine Cliff issued to shareholders of Geomark for each outstanding Geomark Share. Upon successful completion of the Transaction, it is anticipated that there will be approximately 145.7 million shares outstanding, of which current Geomark shareholders will collectively own approximately 56% of the combined entity and Pine Cliff shareholders will collectively own approximately 44%. It is presently expected that, in connection with the Transaction, Pine Cliff will undergo a change of name and that the combined entity will carry on business under such name upon completion of the Transaction. 

Company Quote

1.4
0.01 +0.72%
11 Jul 2014