09:47 AM EST - Bonterra Energy Corp. : and Spartan Oil Corp. announced that they have completed their previously announced business combination whereby Bonterra has acquired all of the issued and outstanding common shares of Spartan by way of a plan of arrangement under the Business Corporations Act (Alberta). The total transaction value for Bonterra to acquire the Spartan Shares, including $8 million of positive working capital and no debt, is approximately $480 million (Bonterra Share price of $45.50). Bonterra Energy Corp.
shares T.BNE are trading up $0.05 at $45.51.
