Bullboard - Stock Discussion Forum Bellatrix Exploration Ltd (Canada) BXEFF

Energy

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... see more

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Bellatrix Exploration Ltd (Canada) > All that Matters...

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Post by Anonymous01 on Mar 29, 2019 11:52am

All that Matters...

Existing Equity

upon completion of the Recapitalization Transaction, existing shareholders (the “Existing Shareholders”) will retain their existing common shares of Bellatrix, subject to a share consolidation (the “Share Consolidation”) to be implemented as part of the Recapitalization Transaction, such that Existing Shareholders will own approximately 16.5% of the common shares of Bellatrix outstanding immediately following implementation of the Recapitalization Transaction;

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