Insider cashing out 211 m of stock priced at 4.13
("Juniper") announces that on September 18, 2023, Rocky Creek indirectly) by Juniper, collectively entered into an agreement to dispose of 51,161,332 common shares of Baytex Energy Corp. ("Baytex") to certain arms' length persons in a private transaction effected by way of block- trade, at a price of US$4.125 per common share, for aggregate gross proceeds of US$211,040,494.50 (C$5.565 per common share, for aggregate gross proceeds of C$284,712,812.58 based on the daily exchange rate of US$1.000 = C$1.3491 posted by the Bank of Canada on September 18, 2023) (the "Block Trade"). Settlement of the Block Trade is expected to occur on September 20, 2023. As a result of the Block Trade, Juniper will dispose of beneficial ownership of, and control or direction over, common shares of Baytex which, when added with 15,408,000 common shares of Baytex previously distributed by JSTX to certain of its members, represent more than 2% of the issued and outstanding common shares of Baytex. HOUSTON, Sept. 19, 2023 /CNW/ - Juniper Capital Advisors, L.P. Resources, LLC ("RCR") and JSTX Holdings, LLC ("JSTX") and Juniper Capital III GP, LP ("Juniper GP III'), each an entity controlled (directly or
Recent Baytex weakness due to
Re: Recent Baytex weakness due to
The rats are fleeing the ships. See Aja’s post about hedge funds short energy under other topics. Interesting market dynamics.
Heard last night that Beijing Joe is committing $25 billion to reconstruction of Ukraine, the funds to be laundered thru the Clinton Foundation. What could go wrong there? Time to put out more rat traps.
Heard last night that Beijing Joe is committing $25 billion to reconstruction of Ukraine, the funds to be laundered thru the Clinton Foundation. What could go wrong there? Time to put out more rat traps.