Re: Great Divide Amalgamation
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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta
Message: Great Divide Amalgamation
Good Idea Rebels. I sent Dick an email this morning and here is his reply.....
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It is an internal reorg for streamlining and tax purposes and was primarily
posted for our suppliers who also read the website and thus can send their bills
to the parent co instead of to the sub. Setting up the sub was prudent at the
time but no longer required and there is no direct or immediate impact on your
shareholdings - including all the chatter about preferred shares!
SO it looks as if there is nothing sinister going on........good news I guess
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