trading halt, page-4

here's another option for the reason for the Placement.

this from BOW A/R:

"Bow will continue to divest its oil business and non-core assets either through farmout, sale or relinquishment where
it is appropriate and use the majority of its capital on assets which offer the best growth potential for the company."

MOS and BOW are in j/v in some oil/gas permits.

Maybe funds for purchase of BOW share of J/V ??? MOS i think is operator, so should know permits potential.