Scandoil  

Border Petroleum announces closing of asset sale


Published May 5, 2014
Border Petroleum Corp.

Border Petroleum Limited announces that, subject to final TSX Venture Exchange approval, it has completed an arm's length transaction pursuant to an Agreement of Purchase and Sale between the Corporation and a private limited partnership whereby the Corporation has divested of its Leduc assets in consideration for $1,800,000 in cash.

Border also announces the termination of John Aihoshi's employment contract as Chief Financial Officer (CFO). Mr. Aihoshi will continue to serve in the CFO position on a consulting basis as part of management's commitment to the Corporation's future growth.

Tags: Border Petroleum Corp.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml