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Bullboard - Stock Discussion Forum RMP ENERGY INC T.RMP

Energy Oil & Gas E&P
"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."

TSX:RMP - Post Discussion

RMP ENERGY INC > NuVista Announces $90 Million Bought Deal Equity Financing
View:
Post by Seppelt on Oct 11, 2016 11:37pm

NuVista Announces $90 Million Bought Deal Equity Financing

An offer of between 5 and 6 shares of NVA for each share of RMP and it's all over.. Pure speculation of course - just an exmple of a possible transaction. 
In any event, I would be surprised and dissappointed if there is lack of interest and only a few low premium bids.

https://boereport.com/2016/10/11/nuvista-energy-ltd-provides-5-year-plan-to-60000-boed-announces-new-gas-plant-agreement-accelerated-growth-and-90-million-bought-deal-equity-financing/
Comment by Seppelt on Oct 12, 2016 12:29am
Sorry, I meant to say one share of NVA for 5-6 shares of RMP.
Comment by George98 on Oct 21, 2016 12:04pm
it's a matter of debt and RMP's debt overhang is a significant headwind.
Comment by George98 on Oct 21, 2016 12:06pm
I really wonder why RMP spent $7.5 million in June and bought that Montney acreage in Gold Creek. They should have reduced their debt instead.
RMP ENERGY INC
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