We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Petrichor Energy Inc | TSXV:PTP.H | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.01 | 0.005 | 0.01 | 500 | 00:00:00 |
The Company is continuing to finalize definitive documentation with Salares Atacama SCM ("SALA") and its shareholders in connection with the Company's option to acquire up to a 70% interest in the outstanding share capital of SALA and indirectly the seven salares (brine lakes) known as Piedra Parada, Grande, Aguilar, Agua Amarga, La Isla, Las Parinas and Maricunga in Chile's Region III, 100% owned by SALA (the "Concessions"). The Company anticipates filing on SEDAR a National Instrument compliant technical report regarding the Concessions shortly, thus satisfying one of the requirements to earn its initial 50% interest in SALA. The transaction will result in the Company's reactivation and graduation from the NEX Board to the TSX Venture Exchange. The change of business remains subject to regulatory approval and approval by the Company's shareholders at the Meeting.
In order to meet the Company's short-term working capital requirements regarding transactional costs associated with the change of business, the Company has negotiated, subject to regulatory approval, an unsecured non-convertible loan with an arm's length party in the aggregate amount of up to $150,000 (the "Loan"). The Loan will bear interest at the rate of 2.5% per annum and will be repayable upon demand by the lender. The Loan will be repaid utilizing proceeds from the private placement announced on June 3 and September 1, 2009, respectively, once such funds are released from escrow.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: P2P Health Systems Inc. Todd Hilditch President and CEO (604) 443-3831
1 Year Petrichor Energy Chart |
1 Month Petrichor Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions