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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Post by flooringon Feb 19, 2013 12:46pm
231 Views
Post# 21010623

Debt

Debt

Joe454, pg 42(u) of the arrangement say the debt is 62.2million as of November 30 2012. Were are you finding the 97million number?

 

 

) AvenEx's Net Debt (i) does not exceed $62.2 million as at November 30, 2012 (which for 
greater certainty does not give effect to the payments contemplated by subsection 4.1(o)) 
and (ii) would not be less than $(17.7) million, as of November 30, 2012, after giving 
effect to the Elbow River Transaction pursuant to the Elbow River Purchase and Sale 
Agreement; 
 
Flooring
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