Business News • MarketWire • Acquisition of Securities of Crocotta Energy Inc. |
Acquisition of Securities of Crocotta Energy Inc. |
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Acquisition of Securities of Crocotta Energy Inc.
CALGARY,
ALBERTA--(Marketwire - Jan. 21, 2010) - JOG Limited Partnership No. III (the "Fund")
announces that in a series of open market purchases on the Toronto Stock
Exchange between January 8, 2010 and January 15, 2010, it acquired (the
"Acquisitions") an aggregate of 614,200 common shares of Crocotta
Energy Inc. ("Crocotta") at a weighted average price of $1.38 per
common share. These shares represented approximately 0.9% of the outstanding
common shares of Crocotta. Together with common shares held by the Fund
previously, the Fund holds an aggregate of 14,913,095 common shares of Crocotta Energy representing approximately
22.9% of the outstanding common shares. The Fund relied on the
"normal course purchase" exemption to the take-over bid requirements
under applicable securities laws in making the Acquisitions.
View More : http://www.marketwire.com/mw/release.do?id=1105668&sourceType=3
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