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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"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

Lightstream Resources Ltd. > News
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Comment by BluSky23on Dec 30, 2016 4:20pm
122 Views
Post# 25655254

RE:RE:RE:RE:News

RE:RE:RE:RE:NewsThe language on July 13 was that each class had to approve the CBCA to qualify for the replacement bid to include shareholders and unsecured. The fact that unsecured did not approve takes them out and the purchase agreement is very clear on the unsecured debt being out of the money. I think it's BS that the shareholders who did not get a chance to approve get thrown in with that group. The language in the support agreement does say 'or', and there is no mention of shareholders being left out in any literature to date. Small chance that there is some money for shareholders?
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