The Crawfordsville/Montgomery County Chamber of Commerce celebrated with a ribbon cutting at Oremus Corporation NA. Oremus Corporation NA has been providing outsourced accounting services in the …
PetroTal Corp.: PetroTal Announces Secondary Sale of Shares
Calgary, Alberta and Houston, Texas (Newsfile Corp. - December 14, 2020) - PetroTal Corp. (TSXV: TAL) (AIM: PTAL) (
PetroTal or the
Company ) announces that it has been informed by Gran Tierra Resources Ltd. ( GTRL ), a control person of PetroTal, that GTRL has entered into a private agreement with Remus Horizons PCC Limited ( Remus ) in respect of the purchase by Remus of 218,012,500 common shares ( PetroTal Shares ) of PetroTal (the Purchased Shares ) at a price of GBP0.099385 per Purchased Share, for an aggregate purchase price of approximately GBP21,667,172 (the Transaction ). Completion of the Transaction is expected to occur on or about December 18, 2020, subject to a number of conditions being satisfied or waived by one or both of GTRL and Remus. PetroTal is not a party to the agreement and will not receive any proceeds from the Transaction. GTRL has indicated it is disposing of the Purchased Shares for inve