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Bullboard - Stock Discussion Forum Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."

GREY:WFREF - Post Discussion

Long Run Explor Ltd Ord > Halt had nothing - $ to us by month end
View:
Post by QUANTUMJUMP on Jun 03, 2016 11:02pm

Halt had nothing - $ to us by month end

to do with LRE acquisition -

A regulatory review by the Shanghai Stock Exchange of Changchun Sinoenergy. This review coincided with a suspension of trading and was completed last week. The stock is now trading on the Shanghai Exchange.

2.       The regulatory review period meant that Sinoenergy could not hold a vote for final approval of the plan of arrangement and funding. This vote was held immediately following resumption in trading last week and was approved.

3.       Investment Canada, which is in the final review process of the application to approve our plan of arrangement, came back with three undertakings late last week. These undertakings have been completed and the application will proceed towards final review.

 

   Because our Plan Of Arrangement originally called for a late May closing and recognizing that, on approval, closing could slip into June we made a press release to inform shareholders of the extension of our plan of arrangement.

Comment by yetta on Jun 06, 2016 9:24pm
Source of 2 & 3? Thanks
Comment by QUANTUMJUMP on Jun 07, 2016 11:19pm
Sorry Yetta all statements were made by CEO
Comment by mohsin6 on Jun 09, 2016 3:05pm
Quantum I would like to thank you for your information.   It most certainly keeps my hopes and dreams alive. wink. 
Comment by anyone on Jun 09, 2016 4:12pm
Quantum's information is consistent with news release from Sinoenergy. https://vip.stock.finance.sina.com.cn/corp/view/vCB_AllBulletinDetail.php?stockid=600856&id=2481597 If you translate the above news, SinoEnergy filed document and expected the deal to be closed on May 26, 2016. Sinoenergy had plan to cover all funds in a timely manner. It is not common for Investment Canada to extend ...more  
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