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Spyglass Resources Corp SGLRF

Energy Oil & Gas E&P Energy
Spyglass Resources Corp is an oil and gas exploration and production company that conducts its operations in the Western Canadian Sedimentary Basin. The Company is a dividend paying, intermediate oil & gas company that trades on the TSX under the symbol 'SGL'. It operates oil and natural gas properties in Alberta, Saskatchewan and British Columbia.


GREY:SGLRF - Post by User

Spyglass Resources Corp > So what now?
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Comment by dalesio_98on Dec 03, 2015 1:35am
219 Views
Post# 24349430

RE:RE:So what now?

RE:RE:So what now?
darkstream wrote: seems very fishy? -they did not file for creditor protection -these plays usually go on for years but these guys sold us out in a New York minute -TSX pissing around with delisting BS which could take weeks -Earnest&Young not providing any info. -what a cluster frack?


The syndicate of Spyglass lenders placed company in receivership with the Alberta Court approval.

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In the case of Parallel Energy et al, they filed for Companies' Creditors Arrangement Act (CCAA) in Canada and filed Chapter 11 of Title 11 (bankruptcy) in the USA.

"The trust's securities will be delisted effective at the close of business on Dec. 11, 2015. The TSX has further advised that the securities will remain suspended from trading."
[url=https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aPLT-2325476&symbol=PLT&region=C][/url]

Good luck to all,
dalesio_98

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