PrimeWest Energy Trust (PrimeWest) and Reserve Royalty Corporation (Reserve Royalty) announced on June 20, 2000, that they have entered into an agreement for PrimeWest to offer to purchase all of the outstanding share capital of Reserve Royalty through its subsidiary PrimeWest Royalty Corp. PrimeWest is offering 0.065 trust unit for each common share of Reserve Royalty, valuing the transaction at approximately $80 million.
Stikeman Elliott is acting for Reserve Royalty Corporation with a team from the Toronto office composed of Mihkel Voore, Maureen Tai and Lianne Miller (tax). PrimeWest is represented by Macleod Dixon with a team of lawyers led by Kent Kufeldt.
Stikeman Elliott is acting for Reserve Royalty Corporation with a team from the Toronto office composed of Mihkel Voore, Maureen Tai and Lianne Miller (tax). PrimeWest is represented by Macleod Dixon with a team of lawyers led by Kent Kufeldt.
