Twin Butte Energy Ltd. J (T:TBE)
Business Focus: N/A
Oct 12, 2016 04:20 pm ET
Twin Butte Energy Ltd. Sales and Investment Solicitation Process
CALGARY, Oct. 12, 2016 /PRNewswire/ - On September 1, 2016, the Alberta Court of Queen's Bench (the "Court") granted an order appointing FTI Consulting Canada Inc. as Receiver and Manager (the "Receiver") of Twin Butte Energy Ltd. ("Twin Butte"), an intermediate oil and natural gas producer in Canada.
Oct 12, 2016 04:20 pm ET
Twin Butte Energy Ltd. Sales and Investment Solicitation Process
CALGARY, Oct. 12, 2016 /CNW/ - On September 1, 2016, the Alberta Court of Queen's Bench (the "Court") granted an order appointing FTI Consulting Canada Inc. as Receiver and Manager (the "Receiver") of Twin Butte Energy Ltd. ("Twin Butte"), an intermediate oil and natural gas producer in Canada.
Sep 06, 2016 09:30 am ET
TSX Delisting Review - Twin Butte Energy Ltd. (Symbols: TBE and TBE.DB)
TORONTO, Sept. 6, 2016 /CNW/ - DELISTING REVIEW Twin Butte Energy Ltd. (the "Company") – Further to TSX Bulletin 2016-0876 dated August 31, 2016, TSX has determined to delist the common shares and 6.25% convertible unsecured subordinated debentures (Symbols: TBE and TBE.DB) (collectively, the "Securities") of the Company at the close of business on October 6, 2016 for failure to meet the continued listing requirements of TSX. The Securities will remain suspended from trading.
Sep 02, 2016 04:06 pm ET
Twin Butte Energy Announces Appointment of Receiver
CALGARY, Sept. 2, 2016 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte" or the "Company") announces that the Court of Queens Bench of Alberta has granted the application of the Company's syndicate lenders, to appoint FTI Consulting Canada Inc. (the "Receiver") as receiver and manager over the assets, undertakings and property of Twin Butte. The Receiver is charged with managing the day to day affairs of the Company during the period of its appointment and should be contacted with respect to any questions concerning the assets and liabilities of Twin Butte.
Aug 31, 2016 10:54 am ET
TSX Delisting Review - Twin Butte Energy Ltd. (Symbols: TBE and TBE.DB)
TORONTO, Aug. 31, 2016 /CNW/ - DELISTING REVIEW Twin Butte Energy Ltd. (the "Company") – Further to TSX Bulletin #2016-0871 dated August 30, 2016, TSX is now reviewing the common shares and 6.25% convertible unsecured subordinated debentures (Symbols: TBE and TBE.DB) of the Company (collectively, the "Securities") with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The Securities are suspended from trading.
Aug 31, 2016 12:29 am ET
Aug 30, 2016 09:49 pm ET
Twin Butte Energy announces receipt of notice of intention to enforce security and receivership application
CALGARY, Aug. 30, 2016 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte" or the "Company") announces that following the results of its meeting of securityholders held on August 29, 2016, whereby (among other things) the debentureholders of Twin Butte did not approve a proposed plan of arrangement in respect of Twin Butte and its securityholders, Twin Butte's lenders under its senior secured credit facilities issued to the Company a demand letter and notice under section 244 of the Bankruptcy and Insolvency Act (Canada) (the "BIA") whereby such lenders set forth their intention to enfor
Aug 30, 2016 11:06 am ET
TSX Delisting Review - Twin Butte Energy Ltd. (Symbol: TBE, TBE.DB)
TORONTO, Aug. 30, 2016 /CNW/ - DELISTING REVIEW Twin Butte Energy Ltd. (the "Company") – TSX is reviewing the common shares and 6.25% convertible unsecured subordinated debentures (Symbols: TBE and TBE.DB) of the Company with respect to meeting the continued listing requirements. The Company has been granted 30 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.
Aug 30, 2016 08:43 am ET
IIROC Trading Halt - TBE
TORONTO, Aug. 30, 2016 /CNW/ - The following issues have been halted by IIROC:
Aug 29, 2016 02:46 pm ET
IIROC Trade Resumption - TBE
TORONTO, Aug. 29, 2016 /CNW/ - Trading resumes in:
Aug 29, 2016 02:33 pm ET
Twin Butte Energy Announces Results of Securityholder Meeting
CALGARY, Aug. 29, 2016 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte" or the "Company") announces that at the annual and special meeting (the "Meeting") of the holders (the "Shareholders") of common shares (the "Shares") of Twin Butte and holders (the "Debentureholders" and together with the Shareholders, the "Securityholders") of 6.25% convertible unsecured subordinated debentures of Twin Butte due December 31, 2018 (the "Debentures") held today, the Shareholders voted approximately 78% in favor (approximately 76% in favour after excluding votes cast by certain persons whose votes
Aug 29, 2016 11:53 am ET
IIROC Trading Halt - TBE
TORONTO, Aug. 29, 2016 /CNW/ - The following issues have been halted by IIROC:
Aug 26, 2016 10:05 am ET
Twin Butte Energy debentureholders respond to inaccurate assertions by Twin Butte, Confirm intention to vote "No"
CALGARY, Aug. 26, 2016 /CNW/ -
Aug 25, 2016 11:12 am ET
Twin Butte Responds to Open Letter to Debenture Holders
CALGARY, Aug. 25, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") wishes to respond to the claims made in a press release from Mr. Murray Bockhold yesterday, which included a number of inaccurate statements. The facts have been previously disclosed to all stakeholders and re-iterated to Mr. Bockhold (Bockhold Investment Management Group) and Mr. Edmonstone (Macquarie Capital) in a meeting held with members of the special committee of the board of directors of Twin Butte.
Aug 24, 2016 07:48 pm ET
Twin Butte Energy receives reassessments from Canada Revenue Agency
CALGARY, Aug. 24, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that it has received notices of reassessment (the "Reassessments") from the Canada Revenue Agency (the "CRA") in which the CRA has denied the deduction of certain non-capital losses and other tax attributes in computing the Company's income for taxation years ending in 2011 to 2016. In issuing the Reassessments, the CRA is seeking to increase the Company's income for Canadian tax purposes which would result in federal and provincial taxes and interest of approximately $5.9 million.
Aug 15, 2016 08:30 am ET
Twin Butte Announces Agreement with the Company's Lenders
CALGARY, Aug. 15, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that it has entered into an agreement with its senior lenders pursuant to which such lenders have consented to the Company entering into an amending agreement to its arrangement agreement with Reignwood Resources Holding Pte. Ltd. (the "Purchaser") on August 9, 2016 and waived the event of default under the Company's credit agreement announced on August 9, 2016 related to the entering into of such amending agreement without prior lender consent.
Aug 11, 2016 07:30 pm ET
Twin Butte Energy Announces Second Quarter Financial Results and Provides Arrangement Agreement Update
CALGARY, Aug. 11, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") reports its financial and operational results for the three and six months ended June 30, 2016.
Aug 10, 2016 12:09 am ET
Twin Butte Announces Additional Fairness Opinion and Postponement of Meeting
CALGARY, Aug. 9, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that it has engaged Canaccord Genuity Corp. ("Canaccord") as a financial advisor and that Canaccord has provided the board of directors of the Company with an opinion, as of the date hereof, that the consideration to be received by debentureholders of Twin Butte pursuant to the proposed plan of arrangement (the "Arrangement") in respect of Twin Butte and its securityholders and involving Reignwood Resources Holding Pte. Ltd. (the "Purchaser") and Reignwood Resources Trading UK Limited
Aug 04, 2016 09:16 am ET
Twin Butte reminds Securityholders of the importance of a vote for its proposed Arrangement
Securityholders are reminded to vote FOR the Arrangement prior to August 8, 2016 at 9:00 a.m. (Calgary Time)
CALGARY, Aug. 4, 2016 /CNW/ - (TSX: TBE) - Twin Butte Energy Ltd. ("Twin Butte" or the "Company") wishes to remind the shareholders and debentureholders of Twin Butte (collectively, the "Twin Butte Securityholders") of the importance of a vote FOR the proposed plan of arrangement initially announced on June 24, 2016 (the "Arrangement") in respect of Twin Butte and the Twin Butte Securityholders at the upcoming meeting of Twin Butte Securityholders scheduled for August 10, 2016.
Jul 27, 2016 05:15 pm ET
Twin Butte Announces that Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders of Twin Butte Vote for the Arrangement and Provides Operations Update
CALGARY, July 27, 2016 /CNW/ - (TSX: TBE) Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to announce that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), leading independent proxy advisory firms, have recommended that shareholders of Twin Butte ("Shareholders") vote FOR the previously announced arrangement in respect of Twin Butte, the Shareholders and the debentureholders of Twin Butte ("Debentureholders" and together with the Shareholders, the "Securityholders") and involving Reignwood Resources Holding Pte. Ltd. (the "Purchase
Jul 15, 2016 04:57 pm ET
Twin Butte Energy Ltd. Announces Mailing of Management Information Circular with Respect to Plan of Arrangement and Annual Meeting
CALGARY, July 15, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to announce that it has mailed its Management Information Circular and related voting materials to Twin Butte shareholders and debentureholders (collectively, the "Twin Butte Securityholders") in connection with the annual and special meeting to be held on August 10, 2016 (the "Meeting"). At the Meeting, Twin Butte Securityholders will be asked to, among other things, approve the plan of arrangement as initially announced on June 24, 2016 (the "Arrangement") in respect of Twin Butte
Jun 27, 2016 09:09 am ET
IIROC Trade Resumption - TBE.DB
TORONTO, June 27, 2016 /CNW/ - Trading resumes in:
Jun 24, 2016 10:48 am ET
IIROC Trade Resumption - TBE
TORONTO, June 24, 2016 /CNW/ - Trading resumes in:
Jun 24, 2016 10:35 am ET
Twin Butte Energy Ltd. and Reignwood Resources Holding Pte. Ltd. Jointly Announce Plan of Arrangement
CALGARY, June 24, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") and Reignwood Resources Holding Pte. Ltd. (the "Purchaser") are pleased to announce today that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which the Purchaser has agreed to acquire: i) all of the outstanding common shares of Twin Butte ("Twin Butte Shares") for cash consideration of $0.06 per share (the "Share Consideration"), and ii) all of the outstanding 6.25% convertible unsecured subordinated debentures due December 31, 2018 of Twin B
Jun 24, 2016 09:22 am ET
IIROC Trading Halt - TBE
TORONTO, June 24, 2016 /CNW/ - The following issues have been halted by IIROC:
Jun 22, 2016 08:13 pm ET
Twin Butte announces extension of credit facilities
CALGARY, June 22, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that its bank syndicate has agreed to extend the maturity date of Twin Butte's $85 million non-revolving credit facility by one day from June 22, 2016 to June 23, 2016 and the expiry of the revolving period of Twin Butte's $140 million revolving credit facility by one day from June 22, 2016 to June 23, 2016 to enable the Company to continue with its strategic alternatives process.
Jun 21, 2016 07:22 pm ET
Twin Butte Announces Extension of Credit Facilities
CALGARY, June 21, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that its bank syndicate has agreed to extend the maturity date of Twin Butte's $85 million non-revolving credit facility by one day from June 21, 2016 to June 22, 2016 and the expiry of the revolving period of Twin Butte's $140 million revolving credit facility by one day from June 21, 2016 to June 22, 2016 to enable the Company to continue with its strategic alternatives process.
Jun 09, 2016 07:41 pm ET
Twin Butte Announces Extension of Credit Facilities
CALGARY, June 9, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that its bank syndicate has agreed to extend the maturity date of Twin Butte's $85 million non-revolving credit facility from June 9, 2016 to June 21, 2016 and the expiry of the revolving period of Twin Butte's $140 million revolving credit facility from June 9, 2016 to June 21, 2016 to enable the Company to continue with its strategic alternatives process.
Jun 08, 2016 08:00 pm ET
Twin Butte Announces Extension of Credit Facilities
CALGARY, June 8, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that its bank syndicate has agreed to extend the maturity date of Twin Butte's $85 million non-revolving credit facility from June 7, 2016 to June 9, 2016 and the expiry of the revolving period of Twin Butte's $140 million revolving credit facility from June 7, 2016 to June 9, 2016 to enable the Company to continue with its strategic alternatives process.
Jun 07, 2016 10:11 pm ET
Twin Butte provides update on credit facilities
CALGARY, June 7, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that its bank syndicate has not extended the maturity date of Twin Butte's $85 million non-revolving credit facility past June 7, 2016 and has not extended the expiry of the revolving period of Twin Butte's $140 million revolving credit facility past June 7, 2016. Unless otherwise agreed to by the lenders, the lenders will be entitled to make a demand for the full repayment of the amounts owing under such credit facilities on June 10, 2016, after which the lenders may elect to enforce
Jun 02, 2016 07:00 pm ET
Twin Butte announces extension of credit facilities
CALGARY, June 2, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that its bank syndicate has agreed to extend the maturity date of Twin Butte's $85 million non-revolving credit facility from June 2, 2016 to June 7, 2016 and the expiry of the revolving period of Twin Butte's $140 million revolving credit facility from June 2, 2016 to June 7, 2016 to enable the Company to continue with its strategic alternatives process.
Jun 01, 2016 09:45 pm ET
Twin Butte announces extension of credit facilities
CALGARY, June 1, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that its bank syndicate has agreed to extend the maturity date of Twin Butte's $85 million non-revolving credit facility by one day from June 1, 2016 to June 2, 2016 and the expiry of the revolving period of Twin Butte's $140 million revolving credit facility by one day from June 1, 2016 to June 2, 2016 to enable the Company to continue with its strategic alternatives process.
May 31, 2016 09:07 pm ET
Twin Butte Announces Extension of Credit Facilities
CALGARY, May 31, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that its bank syndicate has agreed to extend the maturity date of Twin Butte's $85 million non-revolving credit facility from May 31, 2016 to June 1, 2016 and the expiry of the revolving period of Twin Butte's $140 million revolving credit facility from May 31, 2016 to June 1, 2016 to enable the Company to continue with its strategic alternatives process.
May 12, 2016 07:06 pm ET
Twin Butte Energy Announces First Quarter Financial Results
CALGARY, May 12, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") reports its financial and operational results for the three months ended March 31, 2016.
May 02, 2016 05:17 pm ET
Twin Butte announces extension to non-revolving credit facility
CALGARY, May 2, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") today announced that its bank syndicate has agreed to extend the maturity date of Twin Butte's $85 million non-revolving credit facility from April 30, 2016 to May 31, 2016, to enable the Company to continue with its strategic alternatives process.
May 01, 2016 01:14 pm ET
Twin Butte provides corporate update
CALGARY, May 1, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") announces that it is in discussions with its bank syndicate to extend the maturity date of its $85 million non-revolving credit facility from April 30, 2016 to enable the Company to continue with its strategic alternatives process.
Mar 22, 2016 10:27 pm ET
Twin Butte Energy Announces 2015 Year End Financial, Operating and Reserves Results
CALGARY, March 22, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to report financial and operational results for the three and twelve months ended December 31, 2015, along with year-end reserves and an operational update.
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