Business
Vermilion Energy Inc. Sells Additional Common Shares of Coelacanth Energy Inc.
Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) announces that it has filed an early warning report (the "Early Warning Report") in respect of its holdings in Coelacanth Energy Inc. ("Coelacanth").
About this update from Coelacanth Energy, Inc.
[{"type":"text","content":"CALGARY, AB, Dec. 17, 2025 /CNW/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX: VET) (NYSE: VET) announces that it has filed an early warning report (the "Early Warning Report") in respect of its holdings in Coelacanth Energy Inc. ("Coelacanth").","length":305,"tagName":"p"},{"type":"image","alt":"Vermilion Energy Inc. Sells Additional Common Shares of Coelacanth Energy Inc. (CNW Group/Vermilion Energy Inc.)","displaySize":"","headline":null,"caption":"Vermilion Energy Inc. Sells Additional Common Shares of Coelacanth Energy Inc. (CNW Group/Vermilion Energy Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":155,"height":200,"url":"https://media.zenfs.com/en/prnewswire.com/0cf2dd23f0c2215ebd880a4f9dc0ef86"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/LeeQAjJjaE59ep0t89RCOQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/0cf2dd23f0c2215ebd880a4f9dc0ef86","width":155,"height":200},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/LeeQAjJjaE59ep0t89RCOQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/0cf2dd23f0c2215ebd880a4f9dc0ef86","width":155,"height":200}},"href":"https://mma.prnewswire.com/media/2848313/Vermilion_Energy_Inc__Vermilion_Energy_Inc__Sells_Additional_Com.pdf?p=original","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"On December 17, 2025, Vermilion sold 26,000,000 common shares ("Common Shares") of Coelacanth through privately negotiated transactions with various sellers, at a price of $0.76 per Common Share for a purchase price of $19,760,000 (the "Transactions"), representing an amount equal to more than 2% of the issued and outstanding Common Shares thereby triggering the requirement to file the Early Warning Report.","length":430,"tagName":"p"},{"type":"text","content":"Prior to the Transactions, Vermilion had ownership, control or direction over an aggregate of 80,179,104 Common Shares, representing approximately 15.0% of the issued and outstanding Common Shares. Following the Transactions, Vermilion has ownership, control and direction over an aggregate of 54,179,104 Common Shares, representing approximately 10.2% of the issued and outstanding Common Shares.","length":397,"tagName":"p"},{"...