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Iron Brdg Res Inc. OEXFF

"Iron Bridge Resources Inc is a Canada-based company. It is a crude oil and natural gas exploration, development and production company. Its project consists of Elmworth. The company receives maximum revenue from the sale of petroleum and natural gas."


OTCPK:OEXFF - Post by User

Post by kukamanon May 24, 2018 2:44am
216 Views
Post# 28073521

Hostile bid for Iron Bridge could be a view of energy deals

Hostile bid for Iron Bridge could be a view of energy deals to come
https://www.theglobeandmail.com/business/streetwise/article-hostile-bid-for-iron-bridge-could-be-a-view-of-energy-deals-to-come/

Rob Colcleugh, Iron Bridge’s CEO, declined to say how his company might try to fend off Velvet, although it is expected to seek a white knight. Besides Velvet, another private company, Hammerhead Resources Inc., has a sizable land position in the Gold Creek area.
 
Meanwhile, the company “has a number of options,” having discussed with financial players obtaining non-dilutive funding to allow it to develop assets on its own, he said.


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