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- CALGARY, Alberta, April 23, 2020 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“ Bellatrix ” or the “ Company ”) announces a sale transaction (the “ Transaction ”) pursuant to which Return Energy Inc. (to be renamed Spartan Delta Corp.), through its wholly-owned subsidiary, Winslow Resources Inc. (the “ Purchaser ”), will acquire substantially all of the assets of Bellatrix for cash consideration of $87.4 million plus the assumption of certain liabilities at closing.
energynow.ca/2020/04/bellatrix-announces-sale-transaction-in-connection-with-its-strategic-process/Bellatrix Announces Sale Transaction in Connection with its ...
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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...
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...
Jul 22, 2016 · On Tuesday, the company announced it had entered into an agreement to raise C$80M ($60M) on a bought-deal basis, consisting of C$30M ($22.5M) in equity (to be raised at C$1.20 per share ($0.90))...
Mar 29, 2019 · CALGARY - 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.
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.
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...
Jul 25, 2017 · Source of capital. Historically, Bellatrix raised capital through the issuance of share capital, convertible debentures, senior notes and bank borrowings to fund its operations including...
