Alexander Energy 1:4 consolidation, name change to Spartan Energy (SPE-V) Screaming Buy!!
Feb 27, 2014 - NR
Pursuant to a resolution passed by shareholders Feb. 18, 2014, Alexander Energy Ltd. has consolidated its capital on a 1:4 basis. The name of the company has also been changed as follows.Effective at the opening on Friday, Feb. 28, 2014, the common shares and rights of Spartan Energy Corp. will commence trading on the TSX Venture Exchange, and the common shares and rights of Alexander Energy will be delisted. The company is classified as an oil and gas extraction company.
Postconsolidation
Capitalization: unlimited shares with no par value of which 101,681,703 shares are issued and outstandingEscrow: nil
Rights outstanding: 253,664,811
Transfer agent: Alliance Trust Company
Old symbol: ALX
New common share symbol: SPE
New common share Cusip No.: 846785103
New rights symbol: SPE.RT
New rights Cusip No.: 846785111
Thirty-two rights are exercisable for one postconsolidated share at 60 cents per share.
Rights expire: Friday, March 14, 2014, at 5 p.m. Eastern Time |
