Business
TUKTU RESOURCES LTD. ANNOUNCES CLOSING OF NATURAL GAS ASSET PURCHASE IN THE SOUTHERN ALBERTA FOOTHILLS AND DIRECTOR APPOINTMENT
TUKTU RESOURCES LTD. ANNOUNCES CLOSING OF NATURAL GAS ASSET PURCHASE IN THE SOUTHERN ALBERTA FOOT...
About this update from Tuktu Resources Ltd
[{"type":"text","content":"\n \n \n \n TUKTU RESOURCES LTD. ANNOUNCES CLOSING OF NATURAL GAS ASSET PURCHASE IN THE SOUTHERN ALBERTA FOOTHILLS AND DIRECTOR APPOINTMENT\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWS WIRE SERVICES OR DISSEMINATION IN\n \n UNITED STATES\n \n . FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF SECURITIES LAWS./\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n April 17, 2023\n \n \n /CNW/ -\n \n Tuktu Resources Ltd.\n \n (\"Tuktu\" or the \"Company\") (TSXV: TUK) is pleased to announce the closing of the acquisition of assets owned and operated by an arm's length public company in the southern Alberta Foothills (the \"Assets\"), as previously announced in a press release on\n \n March 21, 2023\n \n . As consideration for the Assets, Tuktu paid\n \n $2.25 million\n \n in cash prior to customary purchase price adjustments.\n \n \n The Company is also pleased to announce the appointment of\n \n Kathleen Dixon\n \n , P.Geol, MBA to the Board of Directors. Ms. Dixon is a former Director with BMO Capital Markets in the Acquisitions and Divestitures group where she was part of over\n \n $20 billion\n \n in energy sector transactions during her 13 years tenure. Prior to BMO, she worked for 10 years as an area geologist for CNRL and Iteration Energy. In 2019, Kathleen had an opportunity to take a 3 month leave of absence to pursue her passion for politics and run as a candidate in\n \n Vancouver\n \n for the Conservative Party of\n \n Canada\n \n . After the election, she returned to BMO and completed her ICD.D designation. Kathleen currently sits on three private company and not-for-profit boards.\n \n \n \n About Tuktu Resources Ltd.\n \n \n \n Tuktu is an\n \n Alberta\n \n corporation whose common shares are currently listed on the TSXV under the trading symbol \"TUK\". For additional information about Tuktu please contact:\n \n \n Tuktu Resources Ltd.\n \n 501, 888 – 4th Avenue S.W.\n \n \n Calgary, Alberta\n...