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 > MyTake: ALL The SMART Shareholders Will OPT For MAX CASH !

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Comment by rustybladeson Dec 09, 2024 5:10pm

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Post# 36353561

RE:RE:RE:MyTake: ALL The SMART Shareholders Will OPT For MAX CASH !

Thanks for that. That makes sense. So in any event there will be proration of the allocation. The initial selection of cash or shares will determine if you get more cash or more shares. It will be interesting to find out what the default selection is for shareholders who do not select an option.

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