Connacher Oil & Gas Ltd CLLZF

RE: Quick question for those in the know

[ElJ]

Tigerblood,
                      I encourage you to invest a little time in your own DD and as an encouragement and helping hand I offer the following summary from the public domain :

Connacher Oil and Gas completed the issuance of US$550 million face value 8.5% senior secured second lien notes, due August 1, 2019 (“US Dollar Notes”) and CDN$350 million face value 8.75% senior secured second lien notes, due August 1, 2018 (“CDN Dollar Notes”).

The Notes were originally purchased by a syndicate of investment banks, led by Credit Suisse and RBC Capital Markets as Global Coordinators and Joint Book-Running Managers and including TD Securities as Joint Lead Manager and BMO Capital Markets and AltaCorp Capital as Co-Managers, who in turn resold the Notes pursuant to applicable securities

laws exemptions in the United States and Canada...... Source SEDAR post May 31, 2011

Peace,
Good decision-making to All,
ElJ