- John Jeffrey, CEO of Saturn Oil & Gas (SOIL), will be presenting at the International Investment Forum
- The International Investment Forum provides information on investment trends, featuring top executives from around the world
- Saturn is proceeding with a share consolidation on the basis of 20 pre-consolidation shares for one post-consolidation share
- Saturn Oil & Gas Inc. is a growing Canadian energy company
- Saturn Oil & Gas Inc. (SOIL) opened trading at C$0.20 per share
John Jeffrey, CEO of Saturn Oil & Gas (SOIL), will be presenting at the International Investment Forum on October 14, 2021.
The International Investment Forum is an online event taking place on October 14, 2021, that provides information on investment trends from various industries, featuring top executives from around the world.
John Jeffrey, CEO of Saturn Oil & Gas is scheduled to present at 11:15 am ET.
In other news, Saturn is proceeding with a share consolidation on the basis of 20 pre-consolidation shares for one post-consolidation share.
The shares will commence trading on the TSXV on a consolidated basis at the opening of markets on October 13 under its current TSXV trading symbol SOIL,
The consolidation will reduce the number of outstanding common shares from 502,907,048 to approximately 25,145,352, subject to rounding.
The company currently has 268,333,333 listed common share purchase warrants outstanding which are not being consolidated. After the consolidation, the warrants will be adjusted such that twenty listed warrants will entitle the holder to purchase a whole post-consolidation share at an adjusted exercise price of $3.20.
A total of 13,416,666 shares will be issuable pursuant to the listed warrants. The expiry date of June 4, 2023, remains unchanged.
Letters of transmittal have been mailed to the registered shareholders of the common shares requesting that they forward their pre-consolidation share certificates to the company’s transfer agent, Computershare Trust Company of Canada, to exchange for new share certificates.
Saturn Oil & Gas Inc. is a growing Canadian energy company focused on the development of high-quality, light oil-weighted assets.
Saturn Oil & Gas Inc. (SOIL) opened trading at C$0.20 per share.