Zargon Oil & Gas Ltd T.ZAR

Primary Symbol: ZARFF

Energy Oil & Gas E&P

Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.

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Zargon Oil & Gas Ltd > Debenture conversion

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Post by helgekon Dec 15, 2018 10:11am

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Post# 29119455

Debenture conversion

I understand why shareholders argue that the debenture holders should accept a conversion price of $0.10.

However, Debenture holders have no reasons to accept less than the current share price of $0.05

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