Saturday, December 28, 2024

Blackbird Energy, Pipestone Oil Corp. Announce Merger and $310 Million in Equity and Debt Financings

October 30, 2018 18:00 ET | Source: Blackbird Energy Inc CALGARY, Alberta, Oct. 30, 2018 (GLOBE NEWSWIRE) — Blackbird Energy Inc. (“Blackbird”) (TSX-V: BBI) and Pipestone Oil Corp. (“Pipestone Oil”) are pleased to announce that they have entered into an agreement (the “Arrangement Agreement”) dated October 29, 2018 that provides for the combination of Blackbird and Pipestone Oil (the “Transaction”). Concurrent with the