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Bullboard - Stock Discussion Forum NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."

TSX:NBZ - Post Discussion

NORTHERN BLIZZARD RESOURCES INC > Can Somene Please Explain ???? Why no details ???
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Post by TonyDj on Feb 01, 2017 6:19pm

Can Somene Please Explain ???? Why no details ???

What the Heck does this mean ???? What happens after Feb 3 ? Northern Blizzard received an unsolicited non-binding proposal (the "Proposal") from a third party (the "Third Party"), whereby the Third Party expressed an interest in effecting a business combination with Northern Blizzard at an ascribed price that was in excess of the price offered to shareholders under the Offer. A special committee was formed to review the proposal. No agreement was reached and the proposal has expired. Northern Blizzard has no indication as to the Third Party's current intentions, including whether the Third Party intends to submit an additional proposal.
Comment by Scottie99 on Feb 01, 2017 7:26pm
This post has been removed in accordance with Community Policy
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