CALGARY, Dec. 23, 2015 /CNW/ – (TSX: PMT; PMT.DB.E) – Perpetual Energy Inc. (“Perpetual” or the “Company“) announces that Alberta Securities Commission (the “ASC“) will hear closing remarks from counsel to the parties in connection with the previously announced ASC hearing. The Company expects to release the results of the ASC hearing when a decision has been rendered in this matter.
As this hearing is continuing to December 23, 2015, the common shares of the Company (the “Common Shares“) will continue to trade with “due bills” attached on December 23, 2015. For a description of the trading of Common Shares with “due bills”, please refer to pages 40 and 41 of the final short form prospectus of the Company dated December 7, 2015 under the heading “Details of the Offering – Due Bills“.