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Pace Oil & Gas Ltd T.PCE



TSX:PCE - Post by User

Comment by mo1975on Mar 14, 2013 4:32pm
389 Views
Post# 21131782

RE: RE: RE: RE: RE: RE: Nova Bancorp

RE: RE: RE: RE: RE: RE: Nova Bancorp

the latest release from nova bancorp does imply an alternative..with pce going with avf only....they are also prepare to propose a new board at the next pce agm.... they are also advocating the raising of capital funds through sales of some properties and/or offering to existing shareholders...

I think that they at least have come up with some solutions even though it may not be the ones that were proposed by the original board... I cannot recall of hand but it did seems that not all parties involved were in favor of the arrangements certain board and executives did abstain from voting for.... wonder what were their motivation for not going with the rest of the pack???

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