11:36 AM EST - Cequence Energy Ltd. : announced the completion of the plan of arrangement involving Temple Energy Inc., Temple shareholders, Cequence and Cequence Acquisitions Ltd., a wholly-owned subsidiary of Cequence, providing for the combination of the businesses of Cequence and Temple as well as their directors and management teams to form a resource play focused, oil and gas exploration and development company. Pursuant to the Arrangement, Temple shareholders are entitled to receive 0.355 of a Cequence common share for each Temple common share held. To receive their Cequence shares, former Temple shareholders must submit their Temple shares to Valiant Trust Company, depositary under the Arrangement and transfer agent for Cequence, pursuant to the terms and instructions contained in the letters of transmittal provided to Temple shareholders. Cequence Energy Ltd.
shares T.CQE are trading up $0.06 at $2.02.
