Brief: Bonterra Energy Corp. Reiterates Recommendation For Shareholders To Reject The Hostile Bid By Taking No Action

Obsidian Energy

28/01/2021 22:26

Jan 28 (Reuters) - Bonterra Energy Corp  BNE.TO :
    * BONTERRA ENERGY CORP. REITERATES RECOMMENDATION FOR
SHAREHOLDERS
TO REJECT THE HOSTILE BID BY TAKING NO ACTION
    * BONTERRA ENERGY - CLOSE TO 40% OF BONTERRA SHAREHOLDERS
CONTINUE
TO ADVISE CO THEY WILL NOT TENDER THEIR SHARES
    * BONTERRA ENERGY CORP - OBSIDIAN HAS NOT SECURED CONSENTS
NOR
APPROVALS REQUIRED TO COMPLETE HOSTILE BID

Source text for Eikon:  ID:nCNWK2Gmna 
Further company coverage:  BNE.TO 

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