Website - http://www.productionenhancement.com/
Warrant Symbol - WIS.WT
Number Trading - 5,000,000
Expiration Date - April 19, 2007
Cusip - 743075 11 1
Warrants called to trade news
Production Enhancement Group to list on TSX April 19
2006-04-17 19:39 ET - New Listing
TSX bulletin 2006-0435
An application has been granted for the original listing in the industrial category of 66,073,525 common shares of which 16,092,842 common shares will be issued and outstanding, and 49,980,683 common shares will be reserved for issuance upon completion of an initial public offering.
An application has also been granted for the listing of five million common share purchase warrants, all of which will be issued and outstanding upon completion of the initial public offering. Listing of the common shares and warrants will become effective at 5:01 p.m. on Tuesday, April 18, 2006, in anticipation of the public offering closing on Wednesday, April 19, 2006.
The company will be subject to the reporting requirements of Section 501 of Toronto Stock Exchange
company manual.
Common share symbol: WIS
Common share Cusip No.: 743075 10 3
Common share trading: Canadian dollars
Warrant symbol: WIS.WT
Warrant Cusip No.: 743075 11 1
Warrant trading: Canadian dollars
Designated market-maker: To be announced
Other markets: None
Incorporation: The company was incorporated under the Business Corporations Act (Alberta) on Nov. 21, 2005. On Nov. 28, 2005, the company filed an amendment of its articles of incorporation to amend the provisions of its Class B shares.
Fiscal year-end: Dec. 31
Nature of business: The company is an energy services company with what management believes to be a unique, cost-efficient proprietary coiled tubing-based technology (WISE) and pressure pumping services operating throughout the Gulf Coast of the United States, and with plans of expanding throughout the oil and gas producing areas of North America, beginning with states contiguous to the Gulf Coast
region, western Canada and the mid-continent and western U.S.
Transfer agent and registrar: Olympia Trust Co. at its principal office located in Calgary and Equity Transfer Services Inc. at its principal of in Toronto
Dividends: The company has not declared or paid any dividends on the common shares to date. The payment of dividends in the future will be dependent on the company's earnings, financial condition and such other factors as the board of directors considers appropriate. There is no present intention to pay dividends on the common shares.
Initial public offering: Pursuant to the prospectus dated March 27, 2006, Research Capital Corp., as the agent, is offering up to a maximum of eight million units at a price of $2 per unit, each unit consists of one common share in the capital of the company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at an exercise price of $3 per for a period of 12 months from the closing date of the offering.
Number Trading - 5,000,000
Expiration Date - April 19, 2007
Cusip - 743075 11 1
Warrants called to trade news
Production Enhancement Group to list on TSX April 19
2006-04-17 19:39 ET - New Listing
TSX bulletin 2006-0435
An application has been granted for the original listing in the industrial category of 66,073,525 common shares of which 16,092,842 common shares will be issued and outstanding, and 49,980,683 common shares will be reserved for issuance upon completion of an initial public offering.
An application has also been granted for the listing of five million common share purchase warrants, all of which will be issued and outstanding upon completion of the initial public offering. Listing of the common shares and warrants will become effective at 5:01 p.m. on Tuesday, April 18, 2006, in anticipation of the public offering closing on Wednesday, April 19, 2006.
The company will be subject to the reporting requirements of Section 501 of Toronto Stock Exchange
company manual.
Common share symbol: WIS
Common share Cusip No.: 743075 10 3
Common share trading: Canadian dollars
Warrant symbol: WIS.WT
Warrant Cusip No.: 743075 11 1
Warrant trading: Canadian dollars
Designated market-maker: To be announced
Other markets: None
Incorporation: The company was incorporated under the Business Corporations Act (Alberta) on Nov. 21, 2005. On Nov. 28, 2005, the company filed an amendment of its articles of incorporation to amend the provisions of its Class B shares.
Fiscal year-end: Dec. 31
Nature of business: The company is an energy services company with what management believes to be a unique, cost-efficient proprietary coiled tubing-based technology (WISE) and pressure pumping services operating throughout the Gulf Coast of the United States, and with plans of expanding throughout the oil and gas producing areas of North America, beginning with states contiguous to the Gulf Coast
region, western Canada and the mid-continent and western U.S.
Transfer agent and registrar: Olympia Trust Co. at its principal office located in Calgary and Equity Transfer Services Inc. at its principal of in Toronto
Dividends: The company has not declared or paid any dividends on the common shares to date. The payment of dividends in the future will be dependent on the company's earnings, financial condition and such other factors as the board of directors considers appropriate. There is no present intention to pay dividends on the common shares.
Initial public offering: Pursuant to the prospectus dated March 27, 2006, Research Capital Corp., as the agent, is offering up to a maximum of eight million units at a price of $2 per unit, each unit consists of one common share in the capital of the company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at an exercise price of $3 per for a period of 12 months from the closing date of the offering.