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Antero Resources Corp T.AR


Primary Symbol: AR

Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.


NYSE:AR - Post by User

Post by psych01on Mar 17, 2023 10:45am
200 Views
Post# 35344854

Helio/AR deal hurdles remaining

Helio/AR deal hurdles remainingBy way of update, the Company and Argonaut Gold Inc. ("Argonaut") continue to work towards the closing of the Transaction and have met several of the conditions for the closing of the Transaction (the "Closing"). Accordingly, Heliostar received conditional approval from the TSX Venture Exchange ("TSXV") for the Transaction on March 9, 2023. The Closing remains subject to, among other things, the final approval of the TSXV, as the Transaction constitutes a Fundamental Acquisition as defined in TSXV Policy 5.3 - Acquisitions and Dispositions of Non-Cash Assets. Further to Heliostar's December 5, 2022, January 17, 2023 and March 3, 2023 news releases, the Company has yet to receive conditional approval from the TSXV for the grant of the Option under the terms of the Option Agreement. The Company continues to work towards obtaining receipt of conditional approval from the TSXV for the Option, following which it may, pursuant to the terms of the Option Agreement, earn a 100% interest in and to the San Antonio Gold Project located in Baja California Sur State, Mexico  IMO
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