Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.

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Athabasca Oil Corp > ABSOLUTE DISGRACE: 79,450,000 Warrants LISTED On TSXV ?????

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Comment by NWOntarioon Oct 07, 2021 8:33pm

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Post# 33986945

RE:RE:ABSOLUTE DISGRACE: 79,450,000 Warrants LISTED On TSXV ?????

Do we know if mgmt was able to defer this deal until they saw a run in oil prices? Three weeks ago would have really hurt! I am asking as I honestly don't know how far in advance these deals are constructed and is there a time frame that the company was given to finalize the deal? Therefore was this taking a few extra months due to the mid June to early Sept correction? As mgmt knew they had no choice with the warrants? As bad as this deal was, could it have been way worse?

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