Gear Energy Ltd T.GXE

Alternate Symbol(s): GENGF

Energy Oil & Gas E&P

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.

TSX:GXE - Post by User

Gear Energy Ltd > My understanding without the prospectus

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Comment by constructionsiteon Dec 02, 2024 12:47pm

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Post# 36340988

RE:RE:My understanding without the prospectus

The press release is pretty clear. It is OR. It is at Shareholder's discretion.
The Company is being sold - valued at $0.607 per share. You can take it in cash or shares of the new co. or a mix of both.

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