Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bellatrix Exploration Ltd (Canada) BXEFF

Energy
Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly e


GREY:BXEFF - Post by User

Bellatrix Exploration Ltd (Canada) > Link including debt priority info
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(29)
•••
Comment by RichyRich$on Oct 19, 2019 7:00pm
54 Views
Post# 30247940

RE:Link including debt priority info

RE:Link including debt priority infoNo. $110 Million is not mentioned anywhere in there. When the banks did the recapitalization in June, they lowered the debt due in exchange for common shares. Which works out to a strike price of apx. $3.20/share for to break even. So if the common shares go to zero, the banks lose the $110 Million of the value they reduced debt to own majority of the common shares. Copy and paste the whole paragraph where you see $110 Million in there. Its not in there.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities