Calima Energy strikes C$75m deal for sale of Blackspur Oil to Astara Energy
Calima Energy Limited (ASX: CE1 / OTC: CLMEF), a key player in the energy sector, has entered into a binding definitive agreement to sell its wholly-owned Canadian subsidiary, Blackspur Oil Corp., to Astara Energy Corp. The deal is valued at approximately A$83.3 million (C$75 million), subject to customary completion adjustments for net debt. This strategic […]