BRIEF-Manitok Energy Inc announces asset acquisition for $13.5 mln

Thu Sep 29, 2016 11:54pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Sept 29 (Reuters) - Manitok Energy Inc

* Manitok energy inc. Announces a significant asset acquisition and a $20.0 million offering of units consisting of collateralized exchange listed notes(tm) and warrants

* Acquisition is expected to provide manitok with a 37% increase to its anticipated corporate production for november 2016

* Total consideration for acquisition is $13.5 million before closing adjustments, payable in a combination of cash and units Source text for Eikon: Further company coverage: