09:38 AM EST - Pure Energy Services Ltd. : has closed a plan of arrangement under the Business Corporations Act (Alberta) with Canadian Sub-Surface Energy Services Corp., involving Pure Energy, CanSub and the security holders of CanSub whereby Pure Energy acquired all of the issued and outstanding class A voting common shares of CanSub for consideration comprised of 7,834,566 common shares of Pure Energy. Under the terms of the arrangement, CanSub shareholders received 0.3017 of a Pure Share for each CanSub Share. Pure Energy Services Ltd.
shares T.PSV are trading even at $1.60.
