Back to main page

Website - Click to add

 

Warrant Symbol - CRZ.WT
Number  Trading - 3,531,663
Expiration Date - July 31 1996
Cusip - 12639R 11 2

Warrants called to trade news:
 
Arrangement and new issue of warrants
 
1993-08-05 09:43 MT - Miscellaneous
The Montreal exchange reports
Reference is made to our bulletin dated May 26 1993 in connection with the company's proposed arrangement with American Eagle Petroleums Ltd.
The exchange has been informed that all conditions precedent to the arrangement have been fulfilled and that a certificate of amendment dated August 1 1993 has been issued.
Consequently, pursuant to the terms of the arrangement, an additional 882,910 common shares and 3,531,663 newly issued warrants of the company shall be listed and admitted to trading on the exchange at the opening of business on August 9 1993.
Pursuant to the terms of the arrangement, an additional 882,910 common shares and 3,531,663 newly issued warrants of the company shall be listed and admitted to trading on the exchange at the opening of business on August 9 1993.
Pursuant to the terms of the arrangement, each 100 outstanding American Eagle shares (American Eagle shares as referred to shall include the class A shares and common shares of American Eagle) will ultimately be exchanged with the company for two common shares of the company, 1.6 warrants to acquire common shares of the company and $12.50 cash. Each warrant shall carry the right to acquire one common share of the company for $8.00 until 4:30 pm (local time) on or before July 31 1996.
No certificate representing fractional common shares or warrants of the company will be issued. In the event that the exchange ratios would result in an entitlement to a fractional common share or warrant of the company, an adjustment will be made to the next lowest whole number of common shares or warrants and such holder shall be entitled to a cash payment on compensation for the remaining fraction. On and after the effective date, certificates formerly representing American Eagle shares shall represent only the right to receive the cash payment and certificates representing the common shares and warrants of the company issued pursuant to the arrangement.
As soon as practicable after the effective date, the company shall forward to each holder of American Eagle shares a letter of transmittal together with instructions for obtaining delivery of the cash payment, common shares and warrants. A holder may take delivery by forwarding the certificates representing such holder's American Eagle shares to the trustee, together with the completed letter of transmittal.
As a result of the arrangement, American Eagle will become a wholly owned subsidiary of the company and will amalgamate into the company on the effective date immediately following the arrangement.
 
Symbol:  CRZ.WT
Cusip No:  12639R 11 2
Trading:  At the opening of business August 9 1993

Sponsors