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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Post by Art365on Dec 27, 2012 1:09pm
466 Views
Post# 20774708

Conference Call

Conference Call

In the Conference Call, it was stated that Avenex would be debt free, actually with some cash surplus, following the sale of Elbow River. This sale was described as opportunistic (in the context of Avenex) taking advantage of recent strenght. It was also mentioned that the payment of a high dividend by the new merged entity was Avenex management's essential condition for the approval of the deal.

 

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