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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Post by NeewNeewon Dec 22, 2016 7:31am
313 Views
Post# 25633920

Word from LTS IR

Word from LTS IRLTS IR Reply to this question:
Did the sale deal completely extinguished shareholders rights?

"The Court granted an approval and vesting order for the purchase and sale of essentially all of the assets and business of Lightstream to Ridgeback Resources, a new private company. Upon conclusion of the Sale Transaction, anticipated to be December 29, 2016, it is our view that common shares will not hold any value."

Here we have it.
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