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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Post by BlueCollar51on Jan 12, 2016 8:16am
273 Views
Post# 24449078

Long Run’s Corporate Structure

Long Run’s Corporate Structure
Bonds / Midterm Notes   =   NO
 
Credit Facility including Term and Operating Loans   =   YES
**The credit facility is Secured by ALL the assets of Long Run. The terms and conditions can be found in the document filed June 03 2015 on SEDAR
 
Convertible Debentures    = YES one (1) series
**The Debentures are unsecured and subordinate to the Credit facility. The terms and conditions can be found in the Final Short Form Prospectus filed Jan 21 2014 on SEDAR
 
Preferred Shares   =   NO
 
Common Shares    =   YES
 
Warrants     =   NO
 
Options   =    YES
 
Restricted Share Awards   =   YES
**The terms and conditions for the Restricted Share program can be found in the 2015 AGM Information Circular. How they (and the Options) are to be dealt with under the “current proposal” is spelt out in the Document filed Dec 30 2015 on SEDAR
 
In the world of “Corporate Structures” Long Run’s is VERY SIMPLE
 
As Always; Do Your Own Due Diligence; It’s Your Money !!
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