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HIGHWOOD ASSET MANAGEMENT LTD. ANNOUNCES CLOSING OF ACQUISITIONS AND CONVERSION OF SUBSCRIPTION RECEIPTS
HIGHWOOD ASSET MANAGEMENT LTD. ANNOUNCES CLOSING OF ACQUISITIONS AND CONVERSION OF SUBSCRIPTION R...
About this update from Highwood Asset Management Ltd
[{"type":"text","content":"\n \n \n \n HIGHWOOD ASSET MANAGEMENT LTD. ANNOUNCES CLOSING OF ACQUISITIONS AND CONVERSION OF SUBSCRIPTION RECEIPTS\n \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.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: RIGHT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnsbbb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Aug. 3, 2023\n \n \n /CNW/ - Highwood Asset Management Ltd. (\"\n \n Highwood\n \n \" or the \"\n \n Company\n \n \") (TSXV: HAM) is pleased to announce that, further to the Company's press releases dated\n \n July 5, 2023\n \n ,\n \n July 10, 2023\n \n , and\n \n July 27, 2023\n \n it has completed the acquisitions of each of Castlegate Energy Ltd. (\"\n \n Castlegate\n \n \"), Boulder Energy Ltd. (\"\n \n Boulder\n \n \") and Shale Petroleum Ltd. (\"\n \n Shale\n \n \") (collectively, the \"\n \n Acquisitions\n \n \"). The cash portion of the purchase price was funded through the net proceeds of the Company's previously ‎announced\n \n $35 million\n \n equity financing (the \"\n \n Offering\n \n \"), which included at\n \n $10 million\n \n participation by HR Exploration & Energy Gmbh (\"\n \n HR Exploration\n \n \"), the Private Placement by ‎1080766 Alberta Ltd., a company controlled by\n \n Joel MacLeod\n \n (\"\n \n 1080766\n \n \") as‎ discussed below, and proceeds from a credit facility with Royal Bank ‎of\n \n Canada...