Bullboard - Stock Discussion Forum Razor Energy Corp V.RZE.H

Alternate Symbol(s): RZREF | V.RZE.WT.H

Razor Energy Corp. is a Canada-based junior oil and gas development and production company, focused on acquiring, enhancing and producing oil and gas from properties primarily in Alberta. The Company produces primarily light oil, natural gas, and natural gas liquids (NGL) in Alberta. Its operations include Swan Hills/Kaybob Region and Southern Alberta Region. The Company's production and... see more

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TSXV:RZE.H - Post Discussion

Razor Energy Corp > Why don't they merge with JOY?

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Post by pennydredful on Feb 18, 2021 2:05pm

Why don't they merge with JOY?

Another AIMCO company . Cut admin costs with one horse rather than two . Share prices are very similar around .32 to .34 suggesting a one for one exchange

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Comment by Theconsortman on Feb 18, 2021 8:16pm

I don't think they want to reduce the admin lol. What I don't understand is how they hope to not only pay the Aimco loan but now also the new term loan after they just sold a 9% royalty on all their production. What am I missing? It seems the shareholder got the short end of the stick here?

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Razor Energy Corp