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| Home : Liminar Acquires Additional Shares of Crown Point |
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Apr 14
2015 |
Liminar Acquires Additional Shares of Crown Point |
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BUENOS AIRES, ARGENTINA--(Marketwired - April 13, 2015) - Pursuant to the early warning requirements of applicable Canadian securities laws, Liminar Energía S.A. ("Liminar"), a private Argentine company, announces that on April 10, 2015 it acquired ownership and control of 23,323,656 common shares ("Common Shares") of Crown Point Energy Inc. ("Crown Point"), representing approximately 14.18% of the issued and outstanding Common Shares, at an issue price of US$0.25 per share (Cdn$0.3148 per share based on the closing exchange rate of the Bank of Canada of US$1=Cdn$1.2592 on April 9, 2015). After giving effect to the acquisition, Liminar owns and controls an aggregate of 54,000,000 Common Shares, representing approximately 32.8% of the issued and outstanding Common Shares. |
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| Source:http://www.marketwired.com/mw/release.do?id=2009154&sourceType=3 |
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