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Connacher Oil and Gas Limited extends SISP bid deadlines
Connacher Oil and Gas Limited extends SISP bid deadlines Connacher Oil and Gas Lim...
About this update from Christina Lake Cannabis Corp
[{"type":"text","content":"\n\n\n\nConnacher Oil and Gas Limited extends SISP bid deadlines\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-BOTTOM:black 1pt solid; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prntbls{\nBORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid\n}\n\n\n\n\n\n\nConnacher Oil and Gas Limited extends SISP bid deadlines\nCanada NewsWire\nCALGARY, June 24, 2016\n\n\n\nCALGARY, June 24, 2016 /CNW/ - Connacher Oil and Gas Limited (CLC – TSX; \"Connacher\" or the \"Company\") announces that, in response to interested party requests, the bid deadlines have been extended under the sale and investment solicitation process (\"SISP\") being conducted in conjunction with Connacher's proceedings under the Companies' Creditors Arrangement Act (\"CCAA\").\n\nThe new timeline under the SISP will be as follows:\n\n\n\n\nMilestone\n\n\nDeadline\n\n\n\nPhase I Bid Deadline\n\n\nJuly 14, 2016\n\n\n\nPhase II Bid Deadline\n\n\nAugust 10, 2016\n\n\n\nCourt Approval of Successful Bid(s)\n\n\nAugust 22, 2016 \n\n\n\nClosing of Transaction(s)\n\n\nAugust 31, 2016\n\n \n\nInterested parties are invited to contact the Monitor by phone or email or to go to the Monitor's website at www.ey.com/ca/connacheroilandgas for further information on the SISP.\n\nErnst & Young Inc., in its capacity as Court-appointed Monitor ofConnacher Oil and Gas Limited2200, 215 2nd Street SWCalgary, Alberta T2P 1M4+1 403 206 [email protected]\n\nFurther news releases will be provided on an ongoing basis throughout the SISP and CCAA process as may be determined necessary.\n\nForward Looking Statements   \n\nThis news release contains certain statements that constitute forward‑looking statements under applicable securities legislation.  All statements other than statements of historical fact are forward‑looking statements.  In some cases, forw...