Jan 5 (Reuters) - Calima Energy Ltd (CE1) :
- CASH SALE OF BLACKSPUR OIL CORP FOR A$83.3M-
- FOLLOWING COMPLETION, CE1 INTENDS TO DISTRIBUTE NO LESS THAN 85% OF SALE PROCEEDS TO CE1 SHAREHOLDERS
- PARTIES AIM TO COMPLETE TRANSACTION ABOUT 10 DAYS AFTER SHAREHOLDER APPROVAL, BUT NO LATER THAN 30 MARCH 2024
- AGREED TO SELL BLACKSPUR OIL CORP FOR A CASH CONSIDERATION OF A$83.3 MILLION
- HAS ENTERED INTO BINDING DEFINITIVE AGREEMENT WITH ASTARA ENERGY CORP
- CO WILL RETAIN ITS PARADISE WELL ASSET HELD VIA CALIMA ENERGY IN BRITISH COLUMBIA
Jan 5 (Reuters) - Calima Energy Ltd (CE1) : CASH SALE OF...
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