Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by mousermanon Mar 30, 2015 11:26am
211 Views
Post# 23576734

RE:RE:RE:RE:Is this where Midwestern Money is coming from?

RE:RE:RE:RE:Is this where Midwestern Money is coming from?
mouserman wrote:
Obeahman wrote: Mouseman:<br /> <br /> It&#39;s great for the people whp purchasee low, however for us guys who bought high, we are in big trouble, unless Midewestern assumes Mart&#39;s name and trades on the TSE. Currently Midewestern s a private company..

I guess you didnt understand my last post. You DONT HAVE TO WORRY ABOUT MW shares , since you wont get any. You are going to receive .80 cash for your shares. If you bought in higher, best averge down and get the 30% to cut your losses or get back to even.

Mart Resources Inc., further to its March 2, 2015, news release in respect of its letter of intent with Midwestern Oil and Gas Company Ltd., has entered into a definitive arrangement agreement with Midwestern, the operator of and one of Mart's co-venturers in the Umusadege field in Nigeria. Pursuant to the arrangement agreement, a wholly owned subsidiary of Midwestern, will acquire all of the issued and outstanding common shares of Mart by way of a plan of arrangement under the Business Corporations Act (Alberta), including the assumption of all outstanding bank debt of Mart (currently, approximately $200-million (U.S.)), and each Mart shareholder will receive 80 cents in exchange for each Mart common share held.
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse