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Altura Energy Inc. Announces Closing of Previously Announced Change of Management Transaction and Receipt of Proceeds from Private Placements
Altura Energy Inc. Announces Closing of Previously Announced Change of Management Transac...
About this update from Tenaz Energy Corp
[{"type":"text","content":"\n \n \n \n Altura Energy Inc. Announces Closing of Previously Announced Change of Management Transaction and Receipt of Proceeds from Private Placements\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n . FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW./\n \n \n \n \n CALGARY, AB\n \n ,\n \n Oct. 8, 2021\n \n /CNW/ - Altura Energy Inc. (\n \n \"Altura\"\n \n or the\n \n \"Company\"\n \n ) (TSXV: ATU) is pleased to announce the closing of its previously announced change of management transaction (the\n \n \"Change of Management\"\n \n ) resulting in the appointment of a new management team and the reconstitution of its board of directors. The new management team is led by\n \n Anthony Marino\n \n (President and Chief Executive Officer),\n \n Michael Kaluza\n \n (Chief Operating Officer) and\n \n Bradley Bennett\n \n (Chief Financial Officer), and includes\n \n David Burghardt\n \n (SVP Canadian Business Unit),\n \n Jonathan Balkwill\n \n (VP Business Development),\n \n Jennifer Russell-Houston\n \n (VP Geoscience) and\n \n Travis Stephenson\n \n (VP Engineering). The board of directors of Altura is now comprised of\n \n Marty Proctor\n \n (Chair),\n \n Anna Alderson\n \n ,\n \n John Chambers\n \n ,\n \n Mark Rollins\n \n and\n \n Anthony Marino\n \n . The Change of Management was approved at the meeting of Altura shareholders held yesterday with over 97% of the voted common shares of the Company (the\n \n \"Common Shares\"\n \n ) in favour of the transaction.\n \n \n Additionally, the Company is pleased to announce the closing of its previously announced non-brokered private placement of 27,778,000 units of the Company (\n \n \"Units\"\n \n ) at a price of\n \n $0.18\n \n per Unit for gross proceeds of\n \n $5.0 million\n \n (the\n \n \"Non-Brokered Private Placement\"\n \n ). Each Unit is comprised of one Common Share and one warrant of the Company (a\n \n \"Warrant\"\n \n )....