Brief: First Mountain Exploration, Point Loma Energy & Madalena Energy jointly announce proposed transactions on Canadian assets and a private placement by Point Loma

Centaurus Energy

09/02/2016 14:15

Feb 9 (Reuters) - First Mountain Exploration Inc  FMX.V : 
 * Point Loma Energy & Madalena Energy jointly announce proposed transactions on 
   Canadian assets and a private placement by Point Loma 
 * Point Loma to acquire Madalena's non-core Canadian petroleum and natural gas 
   assets for $5.5 million 
 * To buy all Point Loma common shares in capital of point loma in exchange for 
   the issuance of First Mountain common shares 
 
* Source text for Eikon  urn:newsml:reuters.com:*:nCCN4QmwVT 
 
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