Impact - negative given lower proceeds from the private placement under the revised terms, while the Company has formally initiated an asset rationalization process to sell both core and non-core assets in order to address its non-revolving credit facility due May 29, 2016
09 Nov 2015
LONG RUN EXPLORATION LTD. (LRE) ANNOUNCES AMENDMENTS TO PROPOSED PRIVATE PLACEMENT AND INITIATES STRATEGIC ASSET RATIONALIZATION
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
LONG RUN EXPLORATION LTD. (LRE) ANNOUNCES AMENDMENTS TO PROPOSED PRIVATE PLACEMENT AND INITIATES STRATEGIC ASSET RATIONALIZATION
Impact - negative given lower proceeds from the private placement under the revised terms, while the Company has formally initiated an asset rationalization process to sell both core and non-core assets in order to address its non-revolving credit facility due May 29, 2016