Brief: Pason Increases Investment In Intelligent Wellhead Systems

Pason Systems

14/12/2022 22:46

Dec 14 (Reuters) - Pason Systems Inc  PSI.TO :
    * PASON INCREASES INVESTMENT IN INTELLIGENT WELLHEAD SYSTEMS
    * PASON SYSTEMS INC - HAS INCREASED ITS NON-CONTROLLING
INVESTMENT
IN INTELLIGENT WELLHEAD SYSTEMS INC
    * PASON SYSTEMS INC - ACQUISITION OF OUTSTANDING COMMON
SHARES OF
IWS FOR AN AGGREGATE PURCHASE PRICE OF $7.9 MILLION
    * PASON SYSTEMS INC - AGREEMENT TO INVEST UP TO $25 MILLION
IN
PREFERRED SHARES OF IWS

Source text for Eikon:  ID:nCNW0jqrqa 
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