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Aug 31, 2022 · On July 7, 2022, the Court granted an Approval and Vesting Order (“AVO”) in the CCAA Proceedings, providing among other things that the Monitor could effect a transaction (the “Transaction”) in which Bellatrix would be restructured, emerge from the CCAA proceedings and be replaced with 2350810 Alberta Ltd. (“Newco”) as the CCAA ...
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 · The Transaction is the result of Bellatrix's efforts to maximize additional value for the benefit of its stakeholders, following the sale transaction completed by Bellatrix in June 2020...
Jun 23, 2022 · In connection with the Transaction, Bellatrix has entered into a subscription agreement dated as of June 22, 2022 (the “ Subscription Agreement “) with the Purchaser and 2350810 Alberta Ltd. (“ Newco “), a wholly-owned subsidiary of Bellatrix.
Jun 22, 2021 · CALGARY, Alberta – 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 “Purchased Shares”), which ...
Jun 4, 2019 · More particularly and without limitation, this document contains forward-looking statements concerning: the effect and benefits of the Recapitalization Transaction; Bellatrix’s ability to effectively pursue its business and strategic objectives; the continued listing and trading of Bellatrix’s common shares on the TSX and the expected ...
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Jun 4, 2019 · The Recapitalization Transaction completed on June 4, 2019, resulted in an improved capital structure for the Company, with reduced debt levels, reduced annual cash interest payments and extended debt maturities, providing Bellatrix with a stronger financial foundation.
