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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Comment by L0ung3ron Mar 18, 2016 5:32pm
93 Views
Post# 24677390

RE:RE:RE:Trading Halted

RE:RE:RE:Trading HaltedThe estimated total purchase price of CAN$14.7 million, would represent approximate proceeds of CAN$0.65 for each issued and outstanding common share of ArPetrol, most of which the Company intends to distribute to the shareholders of the Company (the "Shareholders") as a return of capital.  The Transaction is expected to close in May 2016. 
Read more at https://www.stockhouse.com/news/press-releases/2016/03/18/arpetrol-ltd-announces-execution-of-agreement-to-sell-substantially-all-of-its#XTyDptplZZpDZbhZ.99
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