Talent Oil and Gas Ltd.
Tuesday, March 27, 2018 - 3:30 PM EDT

Talent Oil and Gas Ltd. Entered into an Agreement to Sell Its Interests in Starrex International Ltd.



Toronto, Ontario (FSCwire) - Talent Oil and Gas Ltd. (“Talent”) announces that it has entered into an agreement to sell 2,277,341 common shares (the “Shares”) of Starrex International Ltd. (“Starrex”), representing approximately 15.73% of the issued and outstanding capital of Starrex at US$0.52 (CDN$0.68).

 

Pursuant to the agreement, Ms. Elizabeth Moore, sole registered and beneficial shareholder of Talent and Ms. Charlotte Moore Hepburn, daughter of Ms. Moore will jointly dispose of an additional 144,463 Shares of Starrex to aggregate of 2,421,804 Shares, representing 16.72% of the issued and outstanding capital of Starrex.  The transaction is scheduled to close by April 30, 2018.  Upon closing of the transaction, Talent along with Ms. Moore and Ms. Moore Hepburn will own 0 Shares of Starrex.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.







Source: Talent Oil and Gas Ltd.

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