Lansdowne Partners Austria GmbH announces that, further to the press release of Junex Inc. and Cuda Energy Inc. dated August 15, 2018, pursuant to which Junex announced that it had completed a business combination pursuant to a plan of arrangement under the Business Corporations Act (Quebec) to form a combined entity named Cuda Oil and Gas Inc [...]
Junex Inc. and Cuda Energy Inc. are pleased to announce the successful completion of their previously announced business combination pursuant to a plan of arrangement under the Business Corporations Act (Québec) to form a combined entity named Cuda Oil and Gas Inc. Concurrent with the Arrangement, New Cuda also completed the previously announced [...]
Junex and Cuda Energy are pleased to announce they have entered into an arm’s-length arrangement agreement dated June 8, 2018 that provides for the combination of Cuda and Junex to create a new, well-capitalized, high netback, light oil, North American producer focused on delivering strong organic growth to shareholders. The combination of Cuda and [...]
Junex is pleased to announce that its shareholders have voted to approve its proposed business combination with Cuda Energy Inc. by way of plan of arrangement at a special meeting of Junex’s shareholders held earlier today. A total of 51,829,100 shares, representing 58.5% of Junex’s total outstanding shares, were voted at the Meeting. Of the votes [...]
Junex Inc. announces that it has determined that the unsolicited offer announced on July 31, 2018 from Utica Resources Inc. to acquire all of the outstanding common shares of Junex or, alternatively, 50% of such shares not already controlled by an affiliate of Utica does not constitute a “Superior Proposal” under the arrangement agreement dated [...]
Junex Inc. announces that it has received an unsolicited offer from Utica Resources Inc., an affiliate of Lansdowne Partners Austria GmbH, to acquire all of the outstanding common shares of Junex. Under the Utica Offer, Junex would select between the two options and present the selected option to its shareholders. Under the first option, each [...]
Junex Inc. announces that a second leading proxy advisory firm, Glass Lewis & Co., has recommended that Junex’s shareholders vote in favour of the special resolution to approve the plan of arrangement under which Junex would complete a business combination with Cuda Energy Inc. The special resolution will be considered at the special meeting of [...]
Junex Inc. announces that it has determined that the unsolicited offer announced on July 23, 2018 from Utica Resources Inc.to acquire all of the outstanding common shares of Junex does not constitute a “Superior Proposal” under the arrangement agreement dated June 8, 2018 between Junex and Cuda Energy Inc. That determination follows a comprehensive [...]