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Bellatrix Exploration Ltd (Canada) BXEFF

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Comment by Halepenoson Apr 01, 2019 10:42am
107 Views
Post# 29563522

RE:RE:shareholders should vote against the deal

RE:RE:shareholders should vote against the dealExtract frm the press release:

"The Company intends to hold separate meetings (the “Meetings”) of its Senior Unsecured Noteholders, Convertible Debentureholders and Existing Shareholders in respect of the CBCA Plan and certain related matters in May 2019, subject to approval and direction from the Ontario Superior Court of Justice (Commercial List) (the “Court”) in the proceedings to be commenced by the Company under the CBCA (the “CBCA Proceedings”).  It is anticipated that the Meeting of Existing Shareholders in respect of the CBCA Plan will be held concurrently with the Company’s annual meeting of shareholders. "
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