HALIFAX, NS, April 20, 2022 /CNW/ – G2S2 Capital Inc. (“G2S2”) announces today that it has acquired ownership of, and control over, 22,904,500 rights (“Rights”) to purchase 491,275,880 common shares (“Common Shares”) of Western Energy Services Corp. (“Western”) pursuant to a rights offering by Western to its shareholders (the “Rights Offering”). Each Right entitles G2S2 to purchase 21.4488803374 Common Shares at a price of $0.016 per Common Share until 5:00 p.m. (Toronto time) on May 13, 2022 (the “Basic Subscription Privilege”).
Continue Reading