One-Page Deal Sheet
Paramount Acquires MGM Energy Corp
Paramount Resources Ltd. Mgm Energy Corp
Announced Date
April 15,2014
Close Date
June 12,2014
Transaction Type
Corporate
Location
Region
Canada
Country
Canada
Transaction Details: Subscribe to see
Closing Announcement - June 12, 2014
Paramount Resources Ltd. and MGM Energy Corp. have reported that Paramount has completed the acquisition of all of the outstanding common shares of MGM Energy not owned by it pursuant to an arrangement under the Business Corporations Act (Alberta).
Paramount issued 1,127,790 Class A Common Shares in connection with the transaction. The common shares of MGM Energy are expected to be delisted from the Toronto Stock Exchange within two or three trading days.
Initial Announcement - April 15, 2014MGM Energy Corp. has entered into a formal arrangement…
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