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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Comment by Hendrick3on Mar 27, 2023 1:04pm
111 Views
Post# 35362691

RE:RE:FT Shares Max Over Allotment

RE:RE:FT Shares Max Over AllotmentReasonable point but the tax pools are only deductible at 30% per year so time value of money lessens the benefit. Secondly a bought deal is supposed to get a healthy discount for the certainty of the proceeds. If you can buy below the bought deal price you are getting a very good deal. I would significantly prefer to have the shares at $1.80 than the tax pools and wait for the tax savings over approx 5 years. You can still buy this under $1.80
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