Strad Energy Svcs Lt (STRDF) 1.1662 $STRDF Lyle
Post# of 273229
Lyle Wood Acquires Common Shares of Strad Energy Services Ltd.
Marketwired - Wed Aug 31, 5:49PM CDT
CALGARY, ALBERTA--(Marketwired - Aug 31, 2016) - Mr. Lyle Wood announces that, on August 31, 2016, Mr. Wood, acting jointly with certain associates (as such term is defined in NI 62-104 - Take-Over Bids and Issuer Bids) (collectively, the "Acquiror", acquired beneficial ownership of and exercises control over 9,366,997 common shares ("Common Shares" of Strad Energy Services Ltd. ("Strad". The Common Shares were issued to the Acquiror pursuant to the acquisition (the "Acquisition", directly or indirectly, of all the issued and outstanding shares of Redneck Oilfield Services Ltd. ("Redneck" and Raptor Oilfield Services Ltd. ("Raptor" and together with Redneck, the "Redneck Entities" by Strad in consideration for 11,098,599 Common Shares.
IIROC Trade Halt - Strad Energy Services Ltd.
Newsfile Corp - Mon Sep 21, 3:28PM CDT
The following issues have been halted by IIROC:
Total Energy Services Inc. Announces Intention to Make a Takeover Bid for the Outstanding Class A Common Shares of Strad Energy Services Ltd.
Marketwired - Mon Sep 21, 3:07PM CDT
Total Energy Services Inc. ("Total" or the "Company" (TSX: TOT) announced today that it currently intends, subject to market conditions and other considerations noted below, to make an offer (the "Offer" to purchase all of the issued and outstanding Class A common shares (the "Strad Shares" of Strad Energy Services Ltd. ("Strad" at a price of $2.90 per Strad Share. Total anticipates that, under the Offer, holders of Strad Shares will have an option to receive, in exchange for each Strad Share, $2.90 cash or $1.35 cash plus 0.10 of a common share of Total.
TOT.TO: 13.67 (-0.27)