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Penbar Capital Ltd V.PEM


Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.


TSXV:PEM.P - Post by User

Penbar Capital Ltd
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Post by prospector7on Jun 24, 2010 2:36pm
331 Views
Post# 17218978

Halt

HaltThis is a complicated NR folks involving many players and companies close to Canada Day. Companies, exchanges, lawyers and people need to check everything to do with all these deals.
It all takes time before the exchange is going to give it's final work and lift the halt, relax could be awhile yet no sense sweating it. This is one time I'm glad there is a lawyer involved I'm sure Del did his duck linning up well. In the end the big boys will like this big time. JMO
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities