S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The shareholders of Pace Oil & Gas and AvenEx Energy have approved the Arrangement Agreement whereby the two companies will combine to form Spyglass Resources. Shareholders of AvenEx Energy will receive 1 share of Spyglass Resources for each share [...]
Pace Oil & Gas, AvenEx Energy and Charger Energy are pleased to announce that they have received final court approval for the previously announced plan of arrangement under the Business Corporations Act, to form Spyglass Resources, an intermediate-sized oil and gas producer with a balanced commodity profile and a monthly cash dividend.
Pace Oil & Gas continues to believe that the proposed merger with AvenEx Energy and Charger Energy to form Spyglass Resourcesis in the best interest of Pace shareholders and recommends that Pace shareholders vote FOR the arrangement. Pace, AvenEx and Charger also announce that they have agreed to set the initial Spyglass monthly dividend at $0.0225 [...]
Pace Oil & Gas is pleased to provide an update on the status of its previously announced merger, selected information from Pace's 2012 reserve evaluation and its fourth quarter and 2012 year end operating and financial results.
Pace Oil & Gas, AvenEx Energy and Charger Energy announced today that they have amended certain terms of the previously disclosed arrangement agreement pursuant to which Pace, AvenEx and Charger agreed to amalgamate to form Spyglass Resources, an intermediate, dividend paying oil and gas producer. Each of Pace, AvenEx and Charger have also agreed [...]
AvenEx Energy and Charger Energy announce that the special meetings of the shareholders of each of AvenEx, Pace and Charger scheduled for February 19, 2013 in connection with the proposed plan of arrangement as described in the joint information circular and proxy statement of AvenEx, Pace and Charger dated January 18, 2013 have been postponed to [...]
Pace Oil & Gas wishes to refute inaccurate and misleading statements regarding the proposed merger with AvenEx Energy and Charger Energy to form Spyglass Resources contained in recent news releases published by Nova Bancorp, a minority shareholder with ownership of less than one half of one percent of outstanding Pace shares. The Board believes the [...]
Institutional Investor Services, a leading proxy advisory firm, has recommended that shareholders of Pace Oil & Gas vote in favour of the proposed merger with AvenEx Energy and Charger Energy to form a Canadian intermediate oil and gas producer and dividend paying corporation, Spyglass Resources Corp.. ISS is a leading independent corporate [...]
Pace Oil & Gas, AvenEx Energy and Charger Energy announce that they have entered into an agreement providing for the combination of Pace, AvenEx and Charger to form a dividend paying corporation to be named Spyglass Resources . Spyglass will have a balanced commodity profile and sustainable business model underpinned by 18,000 boe/d of stable, low [...]