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Stonehaven Exploration Inc. completes amalgamation with Deventa Energy Inc.

Date closed: 7/29/2016


On July 29, 2016 Stonehaven Exploration Ltd. reported that Stonehaven, Deventa Energy Inc. and 1973747 Alberta Ltd. completed the previously announced "three-cornered amalgamation" pursuant to which Deventa and Stonehaven Subco have amalgamated.

The Merger resulted in former shareholders of Deventa receiving 0.8261 of a common share of Stonehaven for each common share of Deventa held by them.

BLG represented Stonehaven Exploration Ltd. led by Steven Pearson with a team that included Peter Newman, Louise Lee and Scott Robson.