Brief: Strategic Review Process Concludes

Cavvy Energy (Alberta)

24/01/2022 13:16

Jan 24 (Reuters) - Pieridae Energy Ltd  PEA.TO :
    * STRATEGIC REVIEW PROCESS CONCLUDES
    * PIERIDAE ENERGY LTD - SPECIAL COMMITTEE CONCLUDED THAT
VARIOUS
ALTERNATIVES PRESENTED WERE NOT COMPELLING RELATIVE TO COMPANY'S
STAND-ALONE PROSPECTS
    * PIERIDAE ENERGY LTD - RESTRUCTURING OF PIERIDAE'S CREDIT
AGREEMENT ANNOUNCED JANUARY 4, 2022 PLAYED A ROLE IN SPECIAL
COMMITTEE'S CONCLUSION
    * PIERIDAE ENERGY LTD - FULL PIERIDAE BOARD SUPPORTED AND
APPROVED
CONCLUSION OF SPECIAL COMMITTEE

Source text for Eikon:  ID:nGNX4mbfg 
Further company coverage:  PEA.TO 

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