tiprankstipranks
Vermilion Energy acquires common shares, warrants of Coelacanth Energy
The Fly

Vermilion Energy acquires common shares, warrants of Coelacanth Energy

Vermilion Energy announces that it has filed an early warning report in respect of its holdings in Coelacanth Energy. Vermilion has acquired ownership of, or control and direction over, additional common shares of Coelacanth in an amount equal to more than 2% of the issued and outstanding Common Shares, thereby triggering the requirement to file an early warning report. Prior to the Transactions, Vermilion had ownership of, or control and direction over, an aggregate of 69,342,595 Common Shares, representing approximately 16.3% of the issued and outstanding Common Shares. Following the Transactions, Vermilion now has ownership of, or control and direction over, an aggregate of 97,682,604 Common Shares, representing approximately 18.55% of the issued and outstanding Common Shares (and 104,682,604 Common Shares, assuming exercise of the Warrants, representing approximately 19.62% of the issued and outstanding Common Shares on a partially diluted basis).

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on VET:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles