Member Info for Careful

No Anavio TR-1 coming.

" Anavio entered into arrangements to sell all of the Sale Shares to persons outside of Canada at a weighted average price of 2.7p per Common Share, resulting in aggregate proceeds of c. GBP£3,270,000 (approx. US$4,000,000 ). The dispositions took place through the facilities of the London Stock Exchange following the Transaction and, consequently, Following such dispositions , Anavio does not own or exercise control or direction over any Common Shares. "

Proof that Anavio borrowed shares to short the stock to lower the bond conversion price to 2.6p and used these equity shares to return the borrowed shares.

Https://www.newswire.ca/news-releases/anavio-equity-capital-markets-master-fund-limited-announces-acquisition-of-securities-of-canadian-overseas-petroleum-limited-848615087.html

Still a shock when laid out in plain sight

Anavio unsecured but firmly in control ,

Https://www.newswire.ca/news-releases/anavio-equity-capital-markets-master-fund-limited-announces-acquisition-of-securities-of-canadian-overseas-petroleum-limited-848615087.html

WOW so who's the Purchaser ( TR-1 needed ) and who's the new Director

We've had the pleasure of FUD posted on here for the past 12 months from Anavio 's employees

When do we get the TR1 from Anavio or their "Purchaser"

" Equity financing of $4 million at a price of 2.6 pence per share.

provided ENTIRELY by the Company's leading equity and convertible bond investor Anavio Capital "

Issuance of the 126,182,965 common shares on October 10, 2023.

We've got the id of the new Director to come as well

I believe Art will be stubbornly negotiating to obtain true value from the deal with the JV partner.

I'll forgive him if he brings home a juicy JV with a chunk of money upfront

John Cowan is looking after the public front of house bit.

Arthur is focused on working the oil field and JV negotiations.

Typo should have been

or are Anavio going to issue a TR1 for 15 %

RNS 6th Sept 2023 " The Company will appoint one additional independent non-executive director to be nominated by the Purchaser by no later than November 1, 2023 "

Where's this notion that he's concentrating on increase production come from ? - that's Arthur's job

New Director's identity may reveal the identity of Anavio's Purchaser of the $4 m equity

or re Anavio going to issue a TR1 for 15 %

Nup , delegation is the process of distributing and entrusting work to others. Allowing him to focus on JV and field.

Arthur was OK with Board changes ( it's called delegation ). Allowing him to focus on JV and field

Plenty of FUD being chucked around by the usual culprits

Identity of equity financing "Purchaser" will be interesting if revealed this week

The id of the "Purchaser" should be revealing thou

One additional independent non-executive director to be nominated by the Purchaser of the 69m shares by no later than November 1, 2023.

JVP kick starting by owning 10% of the company as well - nice start.

" No later than" - so could be before

AM ain't been sidelined , he is suited by the changes

( as per RNS ) they allow him to concentrate on field work and JV negotiations

Dream Big.

Large Oil Company , established Energy Company , respected industry Leader .

Interesting descriptions that have been used for our prospective JVP.

Wonder if the mystery "Purchaser" might be our JVP

Hmmm

Anavio might be paying for the equity ( Internal risk analysis ) but who's their "Purchaser" .

Getting 69 million shares and 69 million warrants and a seat on the BOD

RBM you seem better informed than you're letting on.

I remember a previous post of yours & thought the same then.