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Bullboard - Stock Discussion Forum Eagle Energy Inc EGRGF

Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.

EXPM:EGRGF - Post Discussion

Eagle Energy Inc > News release 14 hrs ago...
View:
Post by NewEraHustle on Jul 01, 2020 10:08am

News release 14 hrs ago...

Eagle Energy Inc. Completes Transactions Approved Under Canadian Bankruptcy Proceedings; Primary Lender Becomes Sole Shareholder...


https://apple.news/AUHbU6SuRQFCQ981rafYAIA

Comment by dburn14 on Jul 03, 2020 12:03am
So bascally we got screwed over. How is this legal? Of course the creditor accepted the deal, they are the ones that made the pathetic bid, and got all the assets for pennies on the dollar. They come out WAAAAY ahead while all shareholders get royally screwed. The timing of this couldn't have been worse. Of course a lot of other companies weren't looking to buy the assets when their own ...more  
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