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Carcetti Capital Corp V.KUB


Primary Symbol: V.CART.H Alternate Symbol(s):  TPNEF

Carcetti Capital Corp. is a Canada-based company. The Company operates through the oil and gas industry segment. It is focused on seeking a new business opportunity.


TSXV:CART.H - Post by User

Post by nozzpackon May 13, 2022 6:44pm
118 Views
Post# 34683211

Subsequent Events Post Dec 31/21

Subsequent Events Post Dec 31/21

It would appear that $4.646 Million US was received by Kub subsequent to Dec 31/21..


" Subsequent Events


Subsequent to the year ended December 31, 2021, the Company completed the sale of its 35% interest in KUB Holdings for a cash payment of $2,600.

In conjunction with the sale, the Company repaid the balance of debt owing to KUB-Gas in the amount of 67,500 UAH ($2,474) and received dividends of $2,046.

In conjunction with the sale, Pelicourt released its security over the 35% interest in KUB-Gas which was part of the Pelicourt Loan. See Notes 4, 10 and 11.

 
Subsequent to the year ended December 31, 2021, the Company and Pelicourt agreed to amend the Pelicourt loan such than interest was to accrue up to and including January 31, 2022 and no interest was to accrue thereafter ."
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