Paramount Resources Ltd. (TSX:POU) ("Paramount") acquired ownership and control
of 6,140,549 Class A common shares of NuLoch Resources Inc. ("NuLoch"),
representing approximately 19.95% of NuLoch's outstanding Class A common shares.


The Class A common shares of NuLoch were acquired by Paramount pursuant to a
private placement by NuLoch of 9,650,000 Class A common shares. Of the 6,140,549
Class A common shares of NuLoch acquired by Paramount, 5,447,579 Class A common
shares were acquired at a price of $0.95 per Class A common share and 692,970
Class A common shares were issued on a flow-through basis and acquired at a
price of $1.20 per Class A common share. Paramount acquired the NuLoch Class A
common shares in reliance on the "accredited investor" exemption in section 2.3
of National Instrument 45-106.


The acquisition by Paramount was made for investment purposes. Paramount may in
the future increase or decrease its holdings in NuLoch depending on market
conditions or other relevant factors. This news release is being issued pursuant
to securities legislation in each province of Canada and will be filed on the
System for Electronic Document Analysis and Retrieval ("SEDAR") with the report
required under National Instrument 62

103.

Paramount is a Canadian oil and natural gas exploration, development and
production company with operations focused in Western Canada. Paramount's common
shares are listed on the Toronto Stock Exchange under the symbol "POU".


Paramount Resources (TSX:POU)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024 Paramount Resources 차트를 더 보려면 여기를 클릭.
Paramount Resources (TSX:POU)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024 Paramount Resources 차트를 더 보려면 여기를 클릭.