Well this is certainly an exciting turn of events and positive...

Well this is certainly an exciting turn of events and positive escalation by Brookside Energy to take FULL advantage of the current oil and gas strip pricing. Kudos to BRK and CPS in achieving a favourable agreement mutual to all parties (BRK, CPS and Shareholders).

Brookside Energy with accelerating drilling and production into the strip pricing sets the company to materialise and make good of the profit earning to continue funding from production with drilling and development of the 3 multi well DSU that WILL be held by production. With a big cashflow and cash on hand in the bank we may also see IMO further acreage acquisition for creation of the next DSU's multi well pads.

There has been much comment to CPS advisors, say what you will however they have significantly and confidently backed the BRK business to continue performing and kicking the goals that were set out to achieve, CPS and their clients....not forgetting the notes cost $250k each are guaranteeing the underwriting at 1.1c - that is a huge boost of confidence. The notes and underwriting could also have been argued for a discounted price to the strike in the case that they are unwanted or unconverted, at 1.1c what does that show or mean to the market and investors??? Sure they get some reward for the risk but there or other costs that have to cover to see these deals through not mentioning legal and time to have these note investors with deep pockets on board, signed and committed.

Anyways, it is all systems go and a big steam of communication (fluff) should be expected or anticipated from the company for the next few months in this transformational period, for the sceptics and nay sayers what to do if you are holding options especially? Conversion by investors ensures the level playing ground.......HNW noteholder clients cant have them if they are converted pre closure date (not advise) I have converted mine.

Either way Brookside Energy have the complete funding to move forward, how long will the oil strip pricing remain high? That we dont know but surely cannot see it dropping below $90 USD anytime soon.

Very happy and impressed with the presentation and finance moving forward, no additional dilution and small fees and interest cost are immaterial when we can get peak production at the current pricing

Have a great day and weeks ahead.

Keep well cheers Paul