CanAsia Energy Corp V.POE

Primary Symbol: V.CEC Alternate Symbol(s): CECAF

Energy Oil & Gas E&P

CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development. The Company has interests in 27 sections (24.25 net sections) of Sawn Lake Alberta Crown oil sands leases within the Alberta Peace River Oil Sands area. In the Sawn Lake Central area, it operates with a 75% working interest in two oil sands leases with 11 gross sections (8.25 net sections). In the Sawn Lake South area, it operates with a 100% working interest in three oil sands leases with 16 gross sections (16 net sections).

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CanAsia Energy Corp > Bill Newman / Research Capital

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Comment by nozzpackon Jun 16, 2022 4:57pm

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Post# 34762715

RE:RE:RE:Bill Newman / Research Capital

Rights offerings are usually offered exclusively to shareholders.

Those shareholders have the right to exercise those rights for common shares ( ie non dilutive for the shareholder ) or sell them, as rights are usually publicly listed for a short period usually of about a month.

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