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Bullboard - Stock Discussion Forum Brixton Energy Corp PMBJF

"Brixton Energy Corp is engaged in the acquisition, exploration and development of petroleum properties."

GREY:PMBJF - Post Discussion

Brixton Energy Corp > Clinch shares
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Post by star250 on Aug 17, 2012 5:39pm

Clinch shares

So what's up with the Clinch shares? I had forgot all about that. I didn't recieve anything as far as I recall. Anyone know anything about that?
Comment by beenaround2012 on Aug 22, 2012 11:38am
Could someone tell me a little about this Clinch thing. I have looked at the news releases and don't see any reference to this Clinch. Is it privet? Is Richard in control? Was it supposed to go public? Why were people here getting shares? Thanks for any info you can provide.     Good luck to all
Comment by Mandara on Aug 22, 2012 5:33pm
Pemberton spins off Clinch Energy Ltd. (TSX.V: PBT, FSE: P5W)   CALGARY, Feb. 16 /CNW/ - Pemberton Energy Ltd. ("Pemberton") wishes to announce that it has proposed a return of capital transaction involving a farm out of Pemberton's interest in its Panny well assets to its wholly owned subsidiary Clinch Energy Ltd.("Clinch"). Clinch shall be a publicly traded ...more  
Comment by beenaround2012 on Aug 22, 2012 6:37pm
Thanks Mandara. So that was it nothing after?
Comment by Mandara on Aug 23, 2012 10:22am
Of course not.  "Lifestyle company" (I love it, thanks @jimrockford!).  They say a lot of things: drilling in Kindersley, drilling in eastern Canada (oops! that's gonna happen, don't worry). ;) 
Comment by errussell on Aug 23, 2012 2:24pm
If the Clinch deal has fallen through then shouldnt they be compelled to return the shares to the original holders? I dont think Clinch has ever materialized!
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