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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Torque Energy Com | TSXV:TQE | 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 | - |
Shareholders of Torque were able to elect before 4:30 p.m. (Toronto time) on July 27, 2011 to receive on the amalgamation either C$0.50 for each Torque share held or one common share in Dundee Energy for every two Torque shares held. If no election was made, shareholders will receive C$0.50 per share.
It is expected that Torque's shares will halted until the amalgamation is completed in early August, at which time the shares will be delisted from the TSX Venture Exchange and shareholders will be sent the cash or share consideration which they elected to receive for their Torque shares.
About Torque Energy Inc.
Torque Energy Inc. is listed on the TSX Venture Exchange under the symbol "TQE" and is engaged in oil and gas operations in Ontario and Alberta. For more information, visit www.torqueenergy.com.
About Dundee Energy Limited
Dundee Energy Limited is listed on the Toronto Stock Exchange under the symbol "DEN" and is engaged in oil and natural gas operations in Ontario and indirectly in the development of a major underground storage facility off the east coast of Spain. For more information, visit www.eurogascorp.com.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Contacts: Torque Energy Inc. Brian E. Bayley President & CEO 604.689.1428 604.681.4692 (FAX) Torque Energy Inc. David C. Nelms Chief Financial Officer 519.433.7710 519.433.7588 (FAX) www.torqueenergy.com
1 Year Torque Energy Com Chart |
1 Month Torque Energy Com Chart |
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