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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Post by leveraged1on Mar 05, 2015 9:27am
273 Views
Post# 23492452

Why take company out of Alberta

Why take company out of Alberta A first necessary step to recapitalization is to take CLL out of the Alberta jurisdiction and put it under Federal jurisdiction . Why ? This change requires 66.66% approval by common shareholders and without that approval the deal will NOT go through. Why is it "so important" that CLL be out of Alberta and into Canada ? NOTHING is said about why this change of jurisdiction is a NECESSARY first step.     
Bullboard Posts