• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

StonePoint Energy Announces Completion of Acquisition by Endurance Energy

September 3, 20153:41 PM Marketwired

CALGARY, ALBERTA–(Marketwired – Sept. 3, 2015) – StonePoint Energy Inc. (TSX VENTURE:STO) (“StonePoint“) announces the completion of the previously announced acquisition by Endurance Energy Ltd. of all of the outstanding StonePoint common shares pursuant to an arrangement under the Business Corporations Act (Alberta) (the “Arrangement“). Under the Arrangement, which was approved by over 97.7% of the votes cast by StonePoint shareholder at the special meeting held to approve the Arrangement, StonePoint shareholders received $0.078125 cash for each StonePoint common share. The aggregate purchase price paid for the StonePoint common shares was $16,747,126. It is anticipated that the StonePoint shares will be delisted from trading on the TSX Venture Exchange at the close of trading on September 4, 2015.

StonePoint shareholders who have not already done so should submit their StonePoint common shares to Computershare Investor Services Inc., the depositary pursuant to the Arrangement, together with applicable letters of transmittal in accordance with the instructions set out therein in order to receive the cash consideration that they are entitled to receive pursuant to the Arrangement. Letters of transmittal were previously sent to StonePoint shareholders and additional copies may be obtained by contacting Computershare Investor Services Inc. by telephone at 1-800-564-6253 or by email at corporateactions@computershare.com and are also available under StonePoint’s profile on www.sedar.com.

Advisories & Contact
p>Forward-Looking Information

This news release contains forward-looking information concerning the anticipated date of delisting of StonePoint’s common shares from the TSX Venture Exchange. Such forward-looking information involves known and unknown risks and uncertainties, some of which are beyond StonePoint’s control. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, the delisting of StonePoint’s common shares may be delayed. Accordingly, undue reliance should not be placed on this forward-looking information. This forward-looking information is made as of the date of this release and, other than as required by applicable securities laws, StonePoint does not assume any obligation to update or revise it to reflect new events or circumstances. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

StonePoint Energy Inc.
Steven R. VanSickle
President and Chief Executive Officer
(403) 351-6508
svansickle@stonepointenergy.com

StonePoint Energy

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Discount on Western Canada Select widest since March
  • Blackstone to Invest More Than $25 Billion in Pennsylvania’s Digital and Energy Infrastructure, Plus Catalyze an Additional $60 Billion Investment
  • Venture Global proposes larger expansion at Plaquemines LNG facility, filing shows
  • Ex-Pioneer CEO cannot challenge order barring him from Exxon board, FTC says
  • SLB’s ChampionX deal clears final hurdle with UK approval

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.