GREY:CNKEF - Post by User
Comment by
PeterM1on Sep 13, 2017 3:47pm
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Post# 26691916
RE:RE:RE:RE:Thought the trading was interesting today
RE:RE:RE:RE:Thought the trading was interesting todayNot only is Peters and Co very close to the heart of the oil patch - they are very close to CKE. In August 2016 they were appointed to finacial advisor to assist in what can be assumed was the sale of CKE. They still could be handling this.
Chinook's management and Board of Directors have determined that it is timely to evaluate a range of strategic alternatives aimed at enhancing shareholder value. Accordingly, Peters & Co. Limited ("Peters & Co.") has been engaged by the Company as its exclusive financial advisor to assist in this comprehensive review and analysis of strategic alternatives. Peters & Co. will immediately commence a broad marketing effort to solicit interest in strategic transactions to maximize value for Chinook's shareholders.