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BRIEF-Lloyd Miller says Orca CEO Lyons intended to privatize Orca

Published 2016-02-16, 09:41 p/m
© Reuters.  BRIEF-Lloyd Miller says Orca CEO Lyons intended to privatize Orca

Feb 16 (Reuters) - Orca Exploration Group Inc ORCb.V :
* Lloyd Miller - says Orca CEO lyons advised Miller that Orca would not pursue
a substantial issuer bid, but instead intended to privatize Orca
* Lloyd Miller - says he is disappointed that Orca is not proceeding with the
substantial issuer bid
* Lloyd miller- will closely evaluate terms to determine if price offered and
other terms are fair to the class B subordinate voting shareholders
* Source text for Eikon
* Further company coverage ORCb.V

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