ALTURA ENERGY INC. ("ATU")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: June 4, 2018
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation pursuant to an Agreement of Purchase and Sale (the "Agreement") dated May 15, 2018 between the Company and an arms length party whereby the Company will sell its east-central Alberta and Saskatchewan assets, which include the Eyehill, Eyehill South, Macklin, Wildmere, Killam and Provost Minor areas. In consideration, the Company will receive cash of $28,375,000, subject to customary postclosing adjustments.
For further information, please refer to the Company's press releases dated May 15, 2018 and May 31, 2018.