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Red Pine Petroleum Ltd.: Red Pine Announces Definitive Agreement for Proposed Reverse Takeover


Red Pine Petroleum Ltd.: Red Pine Announces Definitive Agreement for Proposed Reverse Takeover
VANCOUVER, BC / ACCESSWIRE /
April 8, 2021 / Red Pine Petroleum Ltd. ( Red Pine or the Company ) is pleased to announce that it has entered into a definitive business combination agreement dated April 8, 2021 (the Business Combination Agreement ) with HB2 Origination, LLC ( Origination ), pursuant to which, among other things, Origination will complete a reverse take-over of Red Pine (the Proposed Transaction ) and the securityholders of Origination will hold substantially all of the outstanding securities of Red Pine following completion of the Proposed Transaction (the Resulting Issuer or Alpine ). The Resulting Issuer will carry on the business of Origination as Alpine Summit Energy Partners, Inc. and has applied for a listing on the TSX Venture Exchange (the Exchange ), with the ticker ALPS.V. ....

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