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BRIEF-Ace Enexor Inc Announces Property-For-Share Swap With AC Energy Corp
October 19, 2021
By Reuters
By Reuters
Oct 19 (Reuters) – Ace Enexor Inc:
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ACE ENEXOR INC ANNOUNCES APPROVAL OF A PROPERTY-FOR-SHARE SWAP WITH AC ENERGY CORP
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ACEN TO ASSIGN STAKES IN PALAWAN55 EXPLORATION & PRODUCTION CORP & OTHERS VALUED AT 3.39 BILLION PESOS IN EXCHANGE FOR 339 MILLION SHARES
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SHARES TO BE ISSUED TO ACEN FOR AT 10.00 PESOS PER SHARE
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ACE ENEXOR INC ANNOUNCES APPROVAL FOR STOCK RIGHTS OFFER OF UP TO 105 MILLION SHARES AT 10.00 PESOS PER SHARE
Source text for Eikon: ID:nPSX6cNR8T
Further company coverage: ACEN.PS ACEX.PS
This article originally appeared on reuters.com