💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadExplore for free

BRIEF-Gran Tierra Energy to sell Peru business

Published 2017-11-09, 09:28 a/m
© Reuters.  BRIEF-Gran Tierra Energy to sell Peru business
GTE
-

Nov 9 (Reuters) - Gran Tierra Energy Inc GTE.TO

* Gran Tierra announces agreement to sell Peru business

* Gran Tierra Energy Inc - co, unit have entered into a share purchase agreement with Petrotal Ltd and Sterling Resources Ltd

* Gran Tierra Energy - Sterling and Petrotal entered into arrangement agreement under which Petrotal will complete a reverse take-over of Sterling

* Gran Tierra Energy Inc - GTEIH agreed to sell all of issued and outstanding shares of its subsidiary, Gran Tierra Energy International Peru Holdings

* Gran Tierra Energy Inc - under arrangement agreement between sterling and Petrotal, Sterling and Petrotal will be amalgamated

* Gran Tierra Energy- resulting entity to acquire co's unit as final step of arrangement for 187.3 million shares of resulting entity

* Gran Tierra Energy Inc - at deal closing, GTEIH And Gran Tierra Resources Limited will enter into an investor rights agreement with Sterling

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.