From GlobeNewswire: 2024-08-02 20:49:43

High Arctic Energy Services Inc. has received conditional approval from the TSX Venture Exchange for the listing of common shares of High Arctic Overseas Holdings Corp. The reorganization will separate the Corporation’s North American and Papua New Guinea businesses. Shareholders will receive SpinCo Common Shares and New High Arctic Common Shares as part of the arrangement, with an expected closing date of August 9, 2024. Final approvals from both the TSX and TSXV are still pending. For more details, refer to the Corporation’s management information circular and past news releases on SEDAR+. High Arctic provides energy services in Papua New Guinea and Western Canada, specializing in drilling and equipment rentals.



Read more at GlobeNewswire: High Arctic Announces TSX Venture Exchange Conditional