Search results
Jun 22, 2021 · CALGARY, Alberta, June 22, 2021 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) announces a transaction (the “Transaction”) pursuant to which 1184262 B.C. Ltd. (the “Purchaser”), an affiliate of Hillcore Group Ltd. (“Hillcore”), will acquire 33,433,255 new common shares issued by Bellatrix (the ...
May 11, 2021 · In June of 2020, Spartan Delta ( OTCPK:DALXF) acquired the Bellatrix assets from its creditors for CAD$88 million in addition to assuming approximately CAD$21 million of Bellatrix...
the lower court’s decision that certain agreements (the “Contract”) between Bellatrix and BP Canada Energy Group ULC (“BP”) constituted an eligible financial contract (“EFC”). The Court dismissed the appeal on the grounds that it was moot, as Bellatrix’s assets had been sold to a third party and the priority to the funds held
Jun 23, 2022 · CALGARY, AB – Bellatrix Exploration Ltd. (“ Bellatrix ” or the “ Company “) announces a transaction (the “ Transaction “) pursuant to which, among other things, Spartan Delta Corp . (the “ Purchaser “) will acquire 1,000 new common shares issued by Bellatrix (the “ Purchased Shares “) for an aggregate subscription price of ...
Jun 30, 2021 · The Court dismissed the appeal on the grounds that it was moot, as Bellatrix's assets had been sold to a third party and the priority to the funds held back from that transaction had already been decided by another judge in the CCAA proceedings, leaving no funds for any potential distribution to BP. 1.
Apr 23, 2020 · Calgary-based Bellatrix Exploration Ltd. says it has struck a deal to exit Companies’ Creditors Arrangement Act court protection after six months through a sale of its assets to Return Energy Inc.
People also ask
When did Bellatrix exploration close its sale transaction?
Why was the Bellatrix Appeal dismissed?
What is the contract in Bellatrix?
Should I buy or sell Bellatrix Exploration Ltd stock?
The Recapitalization Transaction reduced Bellatrix’s outstanding indebtedness by approximately CA$110 million, reduced annual cash interest payments by more than CA$12 million annually until Dec. 31, 2021, and addressed certain of the Company’s debt maturities such that Bellatrix no longer has any debt maturities in respect of non-revolving ...
