💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

BRIEF-Antrim Energy Inc qtrly net loss per basic share $0.01

Published 2016-08-25, 06:02 p/m
© Reuters.  BRIEF-Antrim Energy Inc qtrly net loss per basic share $0.01

Aug 25 (Reuters) - Antrim Energy Inc

* Antrim energy inc. Announces 2016 second quarter results

* Qtrly net loss per basic share $0.01

* Board to submit to shareholders a proposal for voluntary liquidation and dissolution of corporation

* Corporation proposes to delist from tsxv and to cancel listing of common shares on aim market

* Anticipated that formal dissolution and winding up of corporation and its subsidiaries will occur in late 2016 or early 2017

* For dissolution to proceed, it must be approved by way of special resolution by at least 66 2/3% of votes cast by shareholders

* Expected that admission of common shares to trading on aim will be cancelled with effect on september 9, 2016

* Board concluded to submit to shareholders a proposal to distribute to shareholders a return of capital in form of a cash distribution

* Proposed cash distribution currently estimated at cdn $0.05 per common share (being an aggregate of approximately us $7.2 million) Source text for Eikon: ID:nCCN9gr4x1 Further company coverage: AEN.V

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.