Daily Archives: November 11, 2013

FrontFour submits financing offer and comments on new conflicts of interest introduced by the board of Renegade Petroleum


GREENWICH, CT, Nov. 11, 2013 /CNW/ – FrontFour Capital Group LLC (“FrontFour”) announced its submission of a financing offer to the board of Renegade Petroleum Ltd. (“Renegade”, or the “Company”) (“RPL-V; RPTTF-O”). FrontFour is concerned that the board of Renegade may be considering a private placement at or below the current market price.  FrontFour believes that Renegade’s shares trade at a significant discount to net asset value; therefore, an equity financing at or below current market prices would be excessively dilutive and a breach of the board’s fiduciary duties. FrontFour has delivered a letter to the board of Renegade reminding them of their fiduciary obligations to all shareholders and advising that FrontFour would be willing, subject to mutual agreement as to terms and satisfactory confirmatory due diligence, to backstop a significant financing at prices above current levels. Continue reading

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Canadian Tire voluntarily recalls Yardworks 12A Electric Leaf Blower Vacuum


TORONTO, Nov. 11, 2013 /CNW/ – Canadian Tire is voluntarily recalling affected batches of the Yardworks 12A Electric Leaf Blower Vacuum (Product #060-3874) as a precautionary measure due to a potential safety concern with specific units. The affected units were sold between March 2013 and November 2013 and contain one of the following serial numbers: Continue reading

Categories: Beauty, book reviews, Business, cars, Contact Information, Creative Writing, Culture, Disability, Education, Entertainment, Environment, Events, Health, Home Decor, Living, Media Writing, Movie Reviews, Music, Opinion, Radio Podcasts, Religion, Restaurant Reviews, Sports, Technology, travel, Uncategorized, Video Work, Writing (all kinds) | Tags: , , , , , , ,

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