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Kallisto Energy Signs Agreement to Acquire Cumberland Oil & Gas
Aug. 15, 2012 03:51PM PST
Resource Investing News Kallisto Energy Corp. (TSXV:KEC) has signed an agreement to acquire Cumberland Oil & Gas Ltd. (TSXV:COG).
Kallisto Energy Corp. (TSXV:KEC) has signed an agreement to acquire Cumberland Oil & Gas Ltd. (TSXV:COG).
As quoted in the press release:
At closing of the Transaction, Kallisto will have approximately 93.6 million Kallisto Shares outstanding with Kallisto shareholders owning approximately 65% and Cumberland shareholders owning approximately 35% of the pro forma Company.
Click here to read the Kallisto Energy Corp. (TSXV:KEC) press release.Â
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