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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by ltrabson Jan 26, 2012 9:07am
410 Views
Post# 19451200

RE: RE: Petrobakken Energy Ltd. sells $900M in not

RE: RE: Petrobakken Energy Ltd. sells $900M in not

They have now released how much they will net from the 900m bonds. ......   $ 875m net to company.     

$25m in discount and offering costs. ......  per Jan 26 release.

 

They sold convertibles when Can$ was below .95 usd, 

It looks like they will be buying back $450m of them with the Can$ close to parity. 

 

Settlement dates ... Jan 31 for both 

$900m in bonds and the purchase of $450m m in convertibles.  ......  per Jan 26 release.

 

Bullboard Posts