Replies to post #11600 on FEC Resources Inc. (FECOF)

[irishintelligence]

Copy that. We need her to be ready...and she might pick up some business soon. Would you be willing to manage this for us if this transpires? I am working on this:


Between now and March 31 (or sooner) PXP is actively adding shares to the total outstanding. This a perfect time for FEC Resources to be purchased by PXP energy in an all-share transaction. For years Paul Wallace has complained about the high cost of reporting and regulation. Now is the perfect time to take FEC Resources out.



https://www.gmanetwork.com/news/money/companies/679562/dennis-uy-pxp-energy-to-close-investment-deal-in-march-2019/story/

"In a regulatory filing submitted on Thursday by PXP Energy finance controller Mark Rilles, the PXP Energy said it has agreed with Dennison Holdings on December 26 to accelerate the subscription payment to PXP shares not later than March next year."

"On October 26, Dennison signed an equity subscription deal with PXP. The deal covered 340 million common shares in the energy exploration company at P11.85 per share for a total subscription of P4.03 billion."