Mart Resources, Inc. (T:MMT)
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Company News
Mar 24, 2016 09:34 ET
Mart Resources, Inc. Announces Closing of Arrangement
Mart Resources, Inc. (TSX: MMT) ("Mart" or the "Company") announces that it has closed the previously announced plan of arrangement (the "Arrangement") with Midwestern Oil & Gas Company Limited ("Midwestern"), San Leon Energy Plc and 1038821 B.C. Ltd. ("Acquireco"). Pursuant to the Arrangement, Acquireco, an indirect wholly-owned subsidiary of Midwestern, acquired all of the issued and outstanding common shares of Mart (the "Mart Shares") and holders of Mart Shares ("Mart Shareholders") received CAD$0.25 cash in
Mar 23, 2016 09:00 ET
Mart Resources Confirms Payment of Purchase Price to Depositary
Mart Resources, Inc. (TSX: MMT) ("Mart" or the "Company") announces that further to its prior press releases, Mart has received confirmation that all of the funds required to be paid by 1038821 B.C. Ltd. ("Acquireco") to satisfy the aggregate purchase price to the Mart shareholders and certain transaction costs have been paid to CST Trust Company (the "Depositary") in accordance with the terms of the arrangement agreement dated January 21, 2016. Mart is currently working with Acquireco to complete all necessary closing arrangements on March 24, 2016,
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Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Dec 31, 1969 | 0 | 0 |
| Dec 31, 1969 | 0 | 0 |
| Dec 31, 1969 | 0 | 0 |
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