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Eagle Energy Inc T.EGL.UN


Primary Symbol: EGRGF

Energy
Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.


EXPM:EGRGF - Post by User

Eagle Energy Inc > Shocking!
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Comment by Cardboard1on May 25, 2017 8:19pm
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Post# 26285876

RE:RE:Shocking!

RE:RE:Shocking!Scottie,

You are forgetting about change of control provision for which this is all about. The new lenders intend to enforce it so, unless Kingsway has access to some bridge loan, the lender will push this and force some sale/restructuring.

The lender already control this company and if current management make it through, they will likely ask for shares, higher interest rate, you name it, on any covenant breach.

Cardboard
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Dealroom for high-potential pre-IPO opportunities
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