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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 ...
Jun 23, 2022 · Subject to the Company obtaining the Court Order, no action is required from existing equity securityholders to complete the Transaction.
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 liabilities.
Bellatrix Exploration Ltd. (NYSE: BXE; TO: BXE) closed the asset sale and joint venture with the Canadian subsidiaries of Daewoo International Corp. and Devonian Natural Resources Private Equity Fund, the company announced on Sept. 2.
Oct 7, 2016 · The company recently announced a sale to pay the remaining $13 million due in November which takes some pressure off management. The rest of the proceeds went to pay down other bank debt so the...
Mar 29, 2019 · Shares in Bellatrix Exploration Ltd. fell by as much as 35 per cent Friday after it proposed a deal that would leave its existing shareholders with just 16.5 per cent of the company.
Apr 23, 2020 · Pursuant to the Transaction, the Purchaser will acquire substantially all of the Companyâ s assets relating to its oil and gas business, with the exception of the Companyâ s working capital and certain other excluded assets.
