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  1. 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...

  2. The Transaction is the result of the Bellatrix’s efforts to maximize additional value for the benefit of its stakeholders, following the sale transaction completed by Bellatrix in June 2020 pursuant to its CCAA proceedings.

  3. Jun 23, 2022 · (the “Purchaser“) will acquire 1,000 new common shares issued by Bellatrix (the “Purchased Shares“) for an aggregate subscription price of $6,000,000, and all other existing equity securities of the Company will be cancelled, resulting in the Purchaser holding 100% of the aggregate issued and outstanding equity securities of Bellatrix ...

  4. 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.

  5. Jul 22, 2016 · Summary. Bellatrix has now covered all bases after seeing its borrowing base being slashed by 60%. Two asset sales and the C$30M equity raise will reduce the net debt, whilst an additional...

  6. Jul 18, 2017 · The company has been actively reducing its debt level since 2016 (Fig. 20). Bellatrix had an estimated bank debt of $21 million as at April 30, 2017.

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  8. 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...

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