Gran Tierra Energy Inc. Announces Sale of 218,012,500 PetroTal Shares for GBP21.67 Million
Share: Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE:GTE)(TSX:GTE)(LSE:GTE) today announced a financial update. Key Highlights: "Acquiror") entered into a private agreement with Gran Tierra Resources Ltd. ( "GTRL"), a wholly owned subsidiary of Gran Tierra, providing for the purchase by the Acquiror of 218,012,500 common shares (the "PetroTal Shares") of PetroTal Corp. (the "Issuer") (the "Purchased Shares") at a price of GBP0.099385 per Purchased Share, for an aggregate purchase price of approximately GBP21,667,172.00. Completion of the transaction is expected to occur...
Source: benzinga.com