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Aster Acquisition Corp C.ATR


Primary Symbol: V.ATR.P

Aster Acquisition Corp. is a Canada-based capital pool company (CPC). The Company’s principal business is the identification and evaluation of assets, properties or businesses with a view to acquire or participate therein subject, in certain cases, to shareholder approval and acceptance by the TSX-V. The Company plans to search for suitable assets or businesses to acquire or merge with in order to maximize value for shareholders. The Company has no operations and revenues.


TSXV:ATR.P - Post by User

Comment by rsaunderson Apr 15, 2005 1:58pm
158 Views
Post# 8911524

RE: annual filings are now on SEDAR

RE: annual filings are now on SEDARStockwatch subscription had a direct link. AIF, Annual and auditted financials for Dec.31 were just posted. They will appear for "free" on SEDAR after the day posting delay. Just skimmed filings, no real surprises from what I could see. Debt line at year end was $2.4mil. and there was a note indicating line is $2mil. and being reviewed. Normal from what I could see. Here's a paste from the outlook part of the annual. Key point(s) that I can see are twofold. 1. There is a plan. 2. The plan includes pragmatic growth. Obviously I'm holding a position........... Still suspect patience will be required however it would appear to be going in the right direction. From annual: Outlook Last year, our target was to exit the 2004 year at 200 boepd of oil and gas production. Our exit rate was 195 boepd and we have maintained this rate during the first few months of 2005. We also targeted to have a third midstream plant location under development. We have selected a third plant location and an announcement on this location will be made as soon as land and pipeline commitments have been secured. During 2005 we will continue to exploit our oil and gas reserves in Breton and southeast Alberta with a target to exit the year with company wide production of 350 boepd. We will develop our third midstream plant location during the year and also select a fourth midstream plant location for development during 2006. We will attempt to pursue oil and gas exploitation activities around all new midstream plant locations.
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