PCL pancontinental energy nl

(c) M&A Transaction FeeIf during the Term, the Company or any of...

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    (c) M&A Transaction Fee
    If during the Term, the Company or any of its related bodies corporate is
    the subject of an offer or a party to an M&A transaction
    (M&A Transaction), Euroz Hartleys will act as a corporate advisor in
    respect of that M&A Transaction, and the Company agrees to pay
    Euroz Hartleys a cash M&A Transaction fee equal to 3.25% of the value
    of the M&A Transaction, unless the M&A Transaction value is in excess of
    $100 million where Euroz Hartleys will reduce the fee in respect to the
    portion exceeding $100 million to 2.75%.

    Here is the cost agreement we have to deal with if Woodside or someone else has a go at taking us over.
    When our company only has $6.5M in the bank ($5M from the capital raise and $1.5M from Woodside) with the running costs of the company to be accounted for also ....
    I'm not totally comfortable ... if the takeover is not completed then we have to pay.
 
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(20min delay)
Last
1.1¢
Change
0.001(5.00%)
Mkt cap ! $85.44M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $43.43K 4.137M

Buyers (Bids)

No. Vol. Price($)
8 5164952 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 5166766 6
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Last trade - 15.55pm 22/07/2025 (20 minute delay) ?
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