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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Elemental Altus Royalties Corp | TSXV:ELE | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.01 | -0.90% | 1.10 | 1.08 | 1.10 | 1.12 | 1.10 | 1.12 | 28,100 | 20:51:12 |
Excelsior Energy Limited (TSX VENTURE:ELE) ("Excelsior" or the "Corporation") confirms receipt of a Notice of Appeal from Wexford Capital LP, Wexford Catalyst Investors LLC and Wexford Spectrum Investors LLC (collectively, "Wexford") to the Alberta Securities Commission (the "ASC") relating to the proposed non-brokered private placement financing of Excelsior announced on April 16, 2010. According to the Notice of Appeal, Wexford is appealing to the Alberta Securities Commission for an order (i) reversing the decision of the TSX Venture Exchange (the "Exchange") to conditionally approve the listing of shares issued or reserved for issuance by Excelsior to a select group of subscribers by way of a private placement (the "Private Placement") without requiring prior shareholder approval, or (ii) directing that the Private Placement be conditional on approval by independent shareholders. Wexford is also requesting that the ASC make certain interim orders in connection with the appeal, including, staying the Exchange's decision to the extent necessary to ensure that the appeal is not rendered moot by Excelsior's proceeding with the Private Placement. Wexford has requested that a hearing be scheduled for this matter on April 30, 2010. Excelsior has not responded to the Notice of Appeal at this time.
1 Year Elemental Altus Royalties Chart |
1 Month Elemental Altus Royalties Chart |
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