Post by
reefsandals4eva on Sep 16, 2016 2:41pm
Reuters
Aug 26 (Reuters) - Lightstream Resources Ltd : * Lightstream announces receipt of commitment letters, amendments to recapitalization support agreement and revised meetings date * Has obtained commitments from a syndicate of lenders to provide a new CDN$400 million revolving credit facility to company * In conjunction with obtaining facility commitments, co and ad hoc committee agreed to certain amendments to restructuring support agreement * Amendments require co's shareholder, noteholder meeting be moved from Sept 13, 2016 and be held no later than Sept 30, 2016 Source text for Eikon: Further company coverage: there's no news on this on Stockhouse.com but it can be found at the bottom of your trading acct.
Comment by
Whatamidoing1 on Sep 19, 2016 9:58am
I had someone tell me they were not going to be operating as light stream anymore on Friday he said they were gonna be under a different name. I called bullshhht on him but we will see. He was just a roughneck on a rig working for them.
Comment by
reefsandals4eva on Sep 19, 2016 10:27am
Probably announcing the results of the vote on the arrangement, or the date of the 88 to 1 rollback.