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Quattro Exploration and Production Ltd QEXXF

Energy Oil & Gas E&P
Quattro Exploration and Production Ltd are principally engaged in the business of exploration and development of oil and natural gas reserves in Western Canada and Central America.


GREY:QEXXF - Post by User

Quattro Exploration and Production Ltd > shares covert to common
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Comment by rknigh2on Sep 15, 2014 12:19pm
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Post# 22936709

RE:RE:RE:shares covert to common

RE:RE:RE:shares covert to commonDividend is half the rate of the debentures and is at an 85% conversion premium to the current share price. We'll see when it close, but this is a significantly more advantageous than issuing common, CDs, or even using the bank debt.
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