We are discontinuing coverage on BlackPearl Resources following the company’s shareholders approval to combine with International Petroleum Corp. (TSX:IPCO), acquiring all of the issued and outstanding shares on the basis of 0.22x IPC shares for each BlackPearl share. Accordingly, all prior research ratings, price targets and earnings estimates must no longer be relied upon.
10 Jan 2019
Discontinuing coverage
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Discontinuing coverage
BlackPearl Resources (PXX:TSE) | 0 0 -1.7% | Mkt Cap: 380.0m
- Published:
10 Jan 2019 -
Author:
Robert Fitzmartyn -
Pages:
2
We are discontinuing coverage on BlackPearl Resources following the company’s shareholders approval to combine with International Petroleum Corp. (TSX:IPCO), acquiring all of the issued and outstanding shares on the basis of 0.22x IPC shares for each BlackPearl share. Accordingly, all prior research ratings, price targets and earnings estimates must no longer be relied upon.