AvenEx Energy Corp AVNDF

Relative Share Contributions in Merger

[pone]

Originally, the three way merger was to have the following share distributions:

 

1 share of Avenex for 1 share of Spyglass

 

1 share of Pace for 1.3 shares of Spyglass

 

1 share of Charger for 0.18 shares of Spyglass

 

How have those numbers changed since the original proposed merger?

 

I see that today Pace had a 13 for 10 split?   Is this split the way of effecting the 1.3 for 1 Spyglass exchange, or is this split separate from and in addition to the Spyglass share transformation?

[Joe454]

This post has been removed in accordance with Community Policy

[thomas35]

The share distributions remain the same. The only change was the reduction in dividend.

[Kherson]

 Thomas35, should I laugh or should I cry? Your only change has left a big hole in my pocket... Kherson

[trismigistus]

Might I suggest Kearson that you take a tip from BLACKROCK, Inc who owns a 14% stake in Pace. They voted for this merger for a very good reason. Institutional Investors know full well that they stand a far greater chance of not only realizing a greater return by owning stock in a much larger company, but as well they stand to benefit from the far greater volume liquidity should they ever decide to