根据 Chame Energy Corporation 与该公司签订的股份购买协议，Chame 同意购买该公司全资子公司 Renaissance Oil Corp. 的所有已发行和流通股。RenCan 通过其子公司拥有该公司在墨西哥的所有资产。该协议的生效日期为 2023 年 10 月 25 日，交割须经多伦多证券交易所创业板 (TSX Venture Exchange) 接受。根据 TSXV 政策的定义，Chame 不是公司的非正常交易方。

本次交易的视同购买价为 7,500,000 美元。RenCan 的一家全资子公司已向 RenCan 提供了金额为 7,500,000 美元的贷款。

RenCan 则向 ReconAfrica 提供等额贷款（统称为“公司间贷款”）。根据该协议，所有公司间贷款以及公司与 RenCan 及其任何子公司之间的任何其他公司间贷款均被视为已全额偿付，并在交易结束时终止，不再有进一步追索权。此外，根据协议，Chame将承担RenCan及其子公司的所有债务，以及RenCan及其子公司当前和未来的所有负债。

根据公司与 Willem Veltman 和 Kevin Smith（统称为“中间人”）之间达成的中间人费用协议条款，公司有义务在交易结束时向中间人支付总计 20 万美元。

Chame 是一家私人公司，由埃德加（本尼）德拉托雷拥有和控制。De la Torre 先生及其家人通过其墨西哥公司集团在墨西哥提供油田服务已有四十多年。

该公司总裁兼首席执行官布莱恩·雷因斯伯勒 (Brian Reinsborough) 表示：“我们对此次交易非常满意。它为公司提供了营运资金，同时允许我们退出墨西哥并从我们的资产负债表中消除超过 1 亿美元的遗留负债。这项交易简化了我们的投资组合，使公司能够将其资源集中于推进我们的合资伙伴关系努力，并准备执行我们在纳米比亚的多井、高影响力勘探计划，该计划预计将于 2024 年第一季度开始。”

在线阅读文章：https://www.oilfieldtechnology.com/drilling-and-product/27102023/reconafrica-enters-into-definitive-agreement-for-the-sale-of-its-mexico-operations/

Pursuant to a share purchase agreement entered into between Chame Energy Corporation and the company, Chame has agreed to purchase all of the issued and outstanding shares of Renaissance Oil Corp., a wholly-owned subsidiary of the company. RenCan, through its subsidiaries, owns all of the company’s assets in Mexico. The effective date of the agreement is 25 October 2023, with closing subject to acceptance by the TSX Venture Exchange. Chame is not a Non-Arms Length Party of the company, as defined in the policies of the TSXV.

The deemed purchase price for the transaction is US$7 500 000. A wholly-owned subsidiary of RenCan had provided a loan to RenCan in the amount of US$7 500 000.

RenCan, in turn, provided a loan in equal amount to ReconAfrica (collectively the ‘intercompany loans’). Pursuant to the agreement, all inter-company loans, and any other inter-company loans between the company and RenCan and any of its subsidiaries, are deemed satisfied in full and terminate upon closing without further recourse. In addition, under the agreement, Chame will assume all debts of RenCan and its subsidiaries, along with all present and future liabilities of RenCan and its subsidiaries.

Under the terms of a finder’s fee agreement between the company and Willem Veltman and Kevin Smith (collectively the ‘Finders’), the company is obligated to pay to the finders the aggregate amount of US$200 000 upon closing of the transaction.

Chame is a private company owned and controlled by Edgar (Benny) De la Torre. Mr. De la Torre and his family, through their group of Mexican companies, have been providing oilfield services in Mexico for over forty years.

Brian Reinsborough, President and CEO of the company, stated: “We are very pleased with this transaction. It provides the company with access to working capital while allowing us to exit Mexico and remove the legacy liabilities from our balance sheet in excess of US$100 million. This transaction streamlines our portfolio and enables the company to focus its resources on progressing our joint venture partnership efforts and preparing to execute our multi-well, high impact exploration programme in Namibia which is expected to commence in Q1 of 2024.”

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/27102023/reconafrica-enters-into-definitive-agreement-for-the-sale-of-its-mexico-operations/