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Bullboard - Stock Discussion Forum High Arctic Energy Services Inc T.HWO

Alternate Symbol(s):  HGHAF

High Arctic Energy Services Inc. is a Canada-based energy services provider. The Company provides pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells and other oilfield equipment on a rental basis to exploration and production companies, from its bases in Whitecourt and Red Deer, Alberta. The Company's operations involve the rental of pressure... see more

TSX:HWO - Post Discussion

High Arctic Energy Services Inc > Will it be a Canadian private corporation?
View:
Post by DudeRancher1953 on May 17, 2023 5:12pm

Will it be a Canadian private corporation?

The international operations are to be spun out into a private corporation and the current shareholders will receive shares in that corporation. Has the company mentioned where that new company will be incorporated? I'm curious as I hold quite a few shares in registered accounts and I wonder if they will still qualify as I think they have to be Canadian private corporations to be ok in the registered accounts.
I have found nothing about this in the filings.
Comment by longrun86 on May 17, 2023 9:44pm
Unfortunately we don't really know anything at this time other than we are waiting for more information! Hang tight for more Dude! LR
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