Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."

GREY:HRTPF - Post Discussion

Petro Rio S.A. > ACQUISITION OF MATERIAL EQUITY INTEREST
View:
Post by VanWilder1 on Apr 08, 2013 9:12pm

ACQUISITION OF MATERIAL EQUITY INTEREST

NEWS RELEASE
ACQUISITION OF MATERIAL EQUITY INTEREST
Rio de Janeiro, April 8, 2013 - HRT Participações em Petróleo S.A. (the “Company” or “HRT”)
(BM&FBOVESPA: HRTP3, TSX-V: HRP) in compliance with the provisions of Article 12 of CVM
Instruction 358/02, informs the acceptance, on April 05, 2013, of the letter from Discovery
Capital Management, LLC, on behalf of Discovery Global Citizens America LLC, Discovery Global
Focus America LLC e Discovery Global Opportunity America LLC, which are managed by
Discovery Capital Management LLC, informing about the acquisition of common shares issued
by HRT, reaching 18,081,997 common shares, which represents approximately 6.105% of the total
common shares issued by the Company.
According to the information provided in the referred letter, the purpose of the above
mentioned equity holdings is strictly of investment, and there is no current plan to change the
control composition or the administrative structure of the Company.
Additionally, the investors informed that they do not hold and are not aware of any person
connected thereto that holds any convertible debentures, subscription bonus, shares
subscription rights or options to purchase shares issued by the Company, as well as that no
agreement or contract regulating the exercise of voting rights or the purchase and sale of
securities issued by the Company were executed by the investors.
For additional information, please contact HRT`s Investor Relations Department.
Comment by grover11 on Apr 08, 2013 9:26pm
I believe somebody (oxxo?) or somebody called this last week.. Good call
Comment by nomomoney24 on Apr 08, 2013 9:31pm
Watch how it's done grover take a peek at RMC tomorrow. SHE GOING TO FLY AGAIN!!!!!!!!!!!!!!!!!!!!!!!!!!
Comment by xoox on Apr 08, 2013 10:43pm
Thank you, sir:   https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32427722&l=0&r=0&s=hrp&t=LIST
Comment by xoox on Apr 08, 2013 11:00pm
What I think:  Discovery (and friends) will continue (as necessary) to buy whatever they need to have a say in HRT. While it's good to see some 'big time money' coming to this arena, MM is still the Steve Jobs of this company, so his input needs to be unimpeded. SP will obviously be pressured up, but there is still May!!
Comment by grover11 on Apr 09, 2013 4:59pm
Great call Nomo.. Your the man! Thanks for the lesson... It was fun to see how it's done! LMAO     nomomoney242 4/8/2013 9:31:10 PM  |  | 165 reads  | Post #32438606 Rate this clarity  0  overall quality 0 credibility  0  usefulness  ...more  
Comment by nomomoney24 on Apr 09, 2013 5:39pm
Yep egg on my face.
Comment by VultureTrader on Apr 09, 2013 6:07pm
nomo, Today, with exciting results, RMC closes BELOW its trade halt. RMC is a prime example of how bad the Toronto Venture market has become! Commodities are losing their lustre, even with RMC gold content. Sooner or later, China will demand copper. No one I speak to wants to hear about HRT...they are really pleased protecting their ASSets with 1% guaranteed bonds. The Sheeple are scared; wait ...more  
Comment by Ogopogo007 on Apr 09, 2013 8:59pm
Up 33% Ever heard of...buy the rumor and sell the news  
Comment by VultureTrader on Apr 10, 2013 12:36am
“Up 33% Ever heard of...buy the rumor and sell the news” What, Ogo, have you been smoking? RMC reached a max of 4% premium on the day, before it closed down 3% from yesterday’s close! The market hasn't found RMC yet.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse