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Rates & Bonds 1 MIN READ

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

October 19, 2021By Reuters
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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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