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Vermilion Energy Inc. Acquires Common Shares and Warrants of Coelacanth Energy Inc.
Vermilion Energy Inc. Acquires Common Shares and Warrants of Coelacanth Energy Inc. Can...
About this update from Vermilion Energy Inc.
[{"type":"text","content":"\n \n \n \n Vermilion Energy Inc. Acquires Common Shares and Warrants of Coelacanth Energy Inc.\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.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\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 Nov. 16, 2023\n \n \n /CNW/ - Vermilion Energy Inc. (\"Vermilion\") (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\").\n \n \n Vermilion has acquired ownership of, or control and direction over, additional common shares (\"Common Shares\") of Coelacanth in an amount equal to more than 2% of the issued and outstanding Common Shares, thereby triggering the requirement to file an early warning report, as a result of the following transactions (collectively, the \"Transactions\"):\n \n \n (a) from\n \n October 4, 2022\n \n to\n \n October 23, 2023\n \n , Vermilion acquired an aggregate of 5,828,099 Common Shares through its automatic share purchase plan (\"ASPP\") through the facilities of the TSX Venture Exchange (the \"TSXV\") at prices ranging from\n \n $0.66\n \n to\n \n $0.85\n \n per Common Share for an aggregate purchase price of approximately\n \n $4,533,142\n \n ;\n \n \n (b) on\n \n June 30, 2023\n \n , Vermilion acquired 734,000 Common Shares through the facilities of the TSXV at a price of\n \n $0.72\n \n per Common Share for a purchase price of\n \n $528,480\n \n ;\n \n \n (c) on October 27, 2023, Vermilion acquired 777,910 Common Shares through the facilities of the TSXV at a price of $0.80 per Common Share for a purchase price of $622,328; and\n \n \n (d) on\n \n November 15, 2023\n \n , Vermilion acquired 21,000,000 Common Shares and 7,000,000 Common Share purchase warrants (\"Warrants\") pursuant to a public offering of units of Coelacanth (\"Units\") by way of a preliminary short form prospectus dated\n \n October 27, 2023\n \n and a final short form prospectus dated\n \n November 3, 2023\n \n at a price of\n \n $0.80\n \n per Unit for a purchase price of\n \n $16,80...