Brief: Alpha Energy Holdings Says Co Shall Acquire TP North Slope Development

Alpha DX

18/02/2019 14:12

Feb 18 (Reuters) - Alpha Energy Holdings Ltd  ALPH.SI :
    * SHALL ACQUIRE SHARES OF TP NORTH SLOPE DEVELOPMENT, LLC
FOR UP
TO S$38.6 MILLION
    * CONSIDERATION TO BE SATISFIED VIA  ISSUANCE OF AGGREGATE
OF NOT
MORE THAN 308.6 MILLION NEW SHARES AT ISSUE PRICE OF S$0.125 PER
SHARE
    * PRIOR TO PRODUCTION OF FIRST OIL, CO AND TPNSD VENDORS TO
RAISE
$10 MILLION WITH RESPECT TO THEIR INTERESTS IN MUSTANG FIELD

Source text for Eikon:  ID:nSNZ3tzWW5 
Further company coverage:  ALPH.SI 

 ((Reuters.Briefs@thomsonreuters.com;))