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Rates & Bonds 1 MIN READ

BRIEF-Ace Enexor Inc Announces Property-For-Share Swap With AC Energy Corp

October 19, 2021

By Reuters

Oct 19 (Reuters) – Ace Enexor Inc:

ACE ENEXOR INC ANNOUNCES APPROVAL OF A PROPERTY-FOR-SHARE SWAP WITH AC ENERGY CORP
ACEN TO ASSIGN STAKES IN PALAWAN55 EXPLORATION & PRODUCTION CORP & OTHERS VALUED AT 3.39 BILLION PESOS IN EXCHANGE FOR 339 MILLION SHARES
SHARES TO BE ISSUED TO ACEN FOR AT 10.00 PESOS PER SHARE
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

(Reuters.Briefs@thomsonreuters.com)

This article originally appeared on reuters.com

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