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News: PRL Petrel Energy To Merge With Warrego Energy Ltd Via A Reverse Takeover

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    Nov 19 (Reuters) - Petrel Energy Ltd (PRL) :

    • TO MERGE WITH WARREGO ENERGY LIMITED VIA A REVERSE TAKEOVER
    • REVERSE TAKEOVER WILL BE EFFECTED BY ACQUISITION BY PETREL OF ALL SHARES OF WARREGO
    • AS CONSIDERATION, WARREGO SHAREHOLDERS TO RECEIVE SHARES IN CO, REPRESENTING ABOUT 77% OF CAPITAL OF CO AS ENLARGED BY ACQUISITION

    Source text: (bit.ly/2TnY6dw)

    (([email protected];))

 
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