Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Twin Butte Energy Ltd
Bullboard Posts
User Avatar Image
(123)
•••
Comment by Oldfart74on Jan 16, 2017 10:06pm
160 Views
Post# 25715615

RE:RE:RE:RE:RE:RE:Remember - Common Shares vs Debenture

RE:RE:RE:RE:RE:RE:Remember - Common Shares vs Debenture
jackripperIX wrote: but it says in the article that " and provide for a substantial distribution to the unsecured creditors.”"

unsecured creditors means shareholders no? 

https://www.nationalpost.com/twin+butte+energy+deal+hinge+meaning+substantial/12720916/story.html

Sorry, but shareholders are not unsecured creditors.  The unsecured creditors are the holders of the unsecured notes and the trade creditors.  The shareholders do not get a penny until all the debts are paid.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities