Stocks in Play

Petrus Resources Ltd.

03:40 PM EST - Petrus Resources Ltd. : Has sold its oil and natural gas interests in the Peace River area of Alberta to Rising Star Resources Ltd., a private company, for total consideration of $30.0 million subject to customary closing adjustments. The consideration is comprised of $29.0 million in cash and one million shares of Rising Star at a deemed value of $1.00 per share. The Disposition closed on July 8, and has an effective date of April 1. Petrus Resources Ltd. shares T.PRQ are trading down $0.05 at $1.78.