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Energy Oil & Gas E&P

"SDX Energy Inc is a Canadian company which is engaged in the exploration, development, and production of oil and gas. The company owns an interest in several producing concessions such as NW Gemsa Concession, Block-H Meseda production, South Ramadan Concession, South Disouq Concession, Sebou Concession. Its exploration concession includes Lalla Mimouna Concession and Gharb Centre Concession." see more

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SDX ENERGY INC > Question

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Post by williewoozle on Jan 28, 2019 11:19am

Question

Could somebody please explain what this delisting means for Canadian shareholders? Anytime I hear of a delisting, this is usually not good. However, the flp side being can their be a share buyout from the company?

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Comment by williewoozle on Jan 28, 2019 11:26am

4.4 Typically a class of Listed Shares will be delisted at the request of the Issuer when the Issuer has redeemed its shares or a successful take-over bid for the shares has been completed. In most instances the Listed Shares of the Issuer requesting a delisting are listed on another recognized stock exchange or stock market, or no longer held by a sufficient number of Public Shareholders. In ...more

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Comment by John104 on Jan 28, 2019 11:42am

https://www.proactiveinvestors.co.uk/companies/stocktube/12002/sdx-energy-s-paul-welch-on-operational-plans-ahead-of--landmark--2019-12002.html willie, listen to podcast, delisting to save money, plus regulations on tsx much stricter than aim

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