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Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint covers over a million gross acres (807,000 net acres) in the Foothills and makes up conventional gas reservoirs in North America. Across Alberta and British Columbia, its footprint stretches over one million gross acres of land, with ownership of three deep cut gas plants and more than 3,800 kilometers of pipelines. Its foothills include the southern foothills, central foothills and northern foothills. Its southern foothills have three main fields: Waterton, Carbondale, and Burmis. The Company also has a production facility in the Northern Foothills of Alberta and in Northern BC.


TSX:PEA - Post by User

Bullboard Posts
Comment by SmellsFishyon Jun 28, 2017 12:38pm
155 Views
Post# 26414451

RE:RE:The privilged shares

RE:RE:The privilged sharesIf they allow us to sell our PEA shares on the open market befor they are converted into new shares of the new company, you get no preferred shares.   What will probably happen is we get new shares before Halt is lifted.  You will be able to sell common shares when Halt lifted and still keep your preferred shares.  You can't sell the preferred shares,  they are only used to divi up settlement of Anticosti.   Take note that if they is no settlement before December 31 2018 with the government,  the preferred shares expire and we get nothing..... I personally see us getting screwed by this December 31 2018 clause.
Bullboard Posts