Brief: Xstate Resources Ltd Acquires Additional Canadian Production Assets

Xstate Resources

14/07/2021 02:18

July 14 (Reuters) - Xstate Resources Ltd  XST.AX :
    * XSTATE ACQUIRES ADDITIONAL CANADIAN PRODUCTION ASSETS
    * ACQUIRES FURTHER 25% WORKING INTEREST IN ALBERTA PLAINS
OIL AND
GAS FIELDS IN CANADA
    * CONSIDERATION WILL BE PAID AS C$300,000 IN CASH AND
REMAINDER
C$950,000 IN XST SHARES
    * TERMINATION OF ITS LETTER AGREEMENT TO PURCHASE 25% OF ABC
ASSETS IN CANADA, AS ANNOUNCED ON 28 APRIL

Source text for Eikon:  ID:nASX9MjXHb 
Further company coverage:  XST.AX 

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