OTCPK:VREYD - Post by User
Comment by
Windyhillon Feb 08, 2021 1:45pm
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Post# 32502607
RE:Torc s/p
RE:Torc s/pNothing more than POOR TOG Management with no fortitude. Sell out to WCP hurting TOG shareholders. In at a lot higher SP than this sellout deal.
Why is TOG so Range bound at 58+ oil price?
What a untrustworthy bunch of management promises.......
Under the terms of the Agreement, shareholders of TORC ("TORC Shareholders") will receive 0.57 Whitecap common shares (the "Whitecap Shares") in exchange for each TORC common share held (the "TORC Shares"). The at market exchange ratio was determined using ten-day volume weighted average share prices of the Whitecap Shares and the TORC Shares on the Toronto Stock Exchange ("TSX") prior to the signing of the Agreement.
Managements reputation here is nothing but dishonest. Hope none of the executicves here NEVER EVER find work in the Canadian oil industry.
What a sellout !