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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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Comment by naggedon Mar 28, 2013 2:34pm
132 Views
Post# 21181989

RE: ??????????

RE: ??????????

the next nr will be the kicker in explaining the companys roles going forward. imho pem will be the operator but maybe they will wait for a friday for that especially if lgr becomes operator lol. 500,000 keeps the lights on and backpay for the staff,keeps the leases current till next year etc. imho it was take this deal or we wait you out. the nov nr spoke of a land pymt being missed, anyone know if it was paid later?

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Dealroom for high-potential pre-IPO opportunities