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If they are issuing 9.47 billion shares at 0.32p......... HOW is this up 100% ???
To nothing people say on these boards!!! Dyor!!
last chance to get out
Hopefully smash through the 1p barrier!
The company will issue 9.47 billion shares to Talara, raising USD45.5 billion for Caza, which it will then use to repay and restructure its debts to Apollo Investment Corp, YA Global Master SPV Ltd and GSC SICAV PLC. The shares will be issued to Talara at 0.32 pence per share and, after completion of the placing, Talara and the company's management will own around 97% of the company's common shares.
Hi, whats going to happen tomorrow?
American company 14:30 open. Speeding ticket? Have you all jumped in because of Zak? I'm gonna start charting lol. Don't get left holding the baby.
It's in the last sentence in the 15th December RNS. The Company expects that, as a consequence of its financial hardship application, the TSX will place Caza under remedial delisting review, which is normal practice when a listed company seeks to rely on this exemption. In order to comply with the TSX's continued listing requirements, the Company anticipates that it may need to implement the share consolidation approved by shareholders at its annual and special meeting of shareholders held on June 30, 2015. There can be no assurance that Caza will be able to comply with the TSX's continued listing requirements or that the Common Shares will continue to be traded on such exchange following the delisting review. In addition, the Company confirms that it is its current intention to seek a delisting from AIM in due course in accordance with AIM rules, and to initiate the relevant proceedings to effect the delisting shortly following Closing.
till tomorrow this has got great momentum and some big buys.
big boys selling out.
there is some good buying going on what is going to happen tomorrow I wonder.
Where does it mention delisting? Closing of US$45.5 Million Equity Financing 24 December 2015 07:00 Caza Oil & Gas Inc. (CDI) Caza Oil & Gas Announces Closing of US$45.5 Million Equity Financing With Talara Opportunities V, LP and Debt Restructuring 24 December 2015 07:00 HOUSTON, TEXAS--(Marketwired - Dec. 24, 2015) - Caza Oil & Gas, Inc:. Board and Management Share Arrangements 17 December 2015 17:59 HOUSTON, TEXAS--(Marketwired - Dec. 17, 2015) - Board and Management Share Arrangements 17 December 2015 17:25 Caza Oil & Gas Inc. (CDI) Caza Oil & Gas Announces US$45.5 Million Equity Financing With Talara Opportunities V, LP and Debt Restructuring 15 December 2015 08:11 HOUSTON, TEXAS--(Marketwired - Dec. 15, 2015) - US$45.5m Equity Financing and Debt Restructuring 15 December 2015 08:00 Caza Oil & Gas Inc. (CDI) Caza Oil & Gas Updates on Financing Discussions 1 December 2015 07:00 HOUSTON, TEXAS--(Marketwired - Dec. 1, 2015) - Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX:CAZ)(AIM:CAZA) hereby provides an update regarding the status of its debt facilities... Update on Financing Discussions
well done - better off out than in here - my opinion
yep it was worth a punt for a quick return.
Usual d***s
Unbelievable
Buy at your own risk obviously. IMO only use punt money if you feel up to it. If not your thing then run. GL
Must be issued shortly
careful
buying this crap
rising (+54.55%) with 10 billion shares
many who has no idea of Caza and jump in buying, will soon be in pain imho. CAZA is seeking delisting from AIM per Dec 2015 RNS and i got the feeling MM pumping sp up to attract traders so that they can get their boys to sell their position. seen it before in AFREN, BHR etc, so maybe CAZA is next. though i maybe wrong.
Live price? Recent trades?
This is ridiculous lol.
we have got the speed up now it looks like we are about to take off from the runway.