Lightstream Resources Ltd. announces that further to our press release dated December 8, 2016, the previously announced sale of substantially all of the assets and business of the Company to Ridgeback Resources Inc. closed today. The Sale Transaction represents the outcome of the sale process carried out by the Company as part of its restructuring [...]
Lightstream Resources Ltd. announces that the Court of Queen's Bench of Alberta has granted an approval and vesting order for the previously announced purchase and sale of substantially all of the assets and business of Lightstream for the full amount of the claims outstanding in respect of the Company's 9.875% second lien secured notes due 2019and [...]
Lightstream Resources Ltd. announces that the sale procedures under the Companies' CCAA have concluded and that the credit bid submitted by the ad hoc committee of holders of approximately 91.5% of the Company's 9.875% second lien secured notes due 2019 is the successful bid. In accordance with the sale procedures, the Company will seek to [...]
Lightstream Resources Ltd. announces third quarter 2016 financial and operating results. Our financial statements and management's discussion and analysis for the quarter ended September 30, 2016 will be available on the system for electronic analysis and retrieval at www.sedar.com and on Lightstream's website at www.lightstreamresources.com. THIRD [...]
Lightstream Resources Ltd. announces that the first phase of the sale procedures under the CCAA in which non-binding indications of interest were received and considered has concluded and, accordingly, qualified bidders will move to the second phase of the sale procedures. The qualified bidders include the ad hoc committee of holders of [...]
Lightstream Resources Ltd. announces that we have obtained an order from the Court of Queen's Bench of Alberta extending the stay of proceedings under the CCAA to December 16, 2016 as the Company continues working to restructure our balance sheet. All other terms of the initial order described in our September 26, 2016 press release are unchanged [...]
DELISTING REVIEW - Lightstream Resources Ltd. - Further to TSX Bulletin 2016-0944 dated September 20, 2016, TSX has determined to delist the common shares (the "Shares")(Symbol: LTS) of the Company at the close of business on October 27, 2016 for failure to meet the continued listing requirements of TSX. The Shares will remain suspended from [...]
CALGARY, ALBERTA--(Marketwired - Sep 26, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that earlier today the Company obtained an initial order (the "Initial Order") from the Court of Queen's Bench of Alberta (the "Court") under the Companies' Creditors Arrangement Act (the "CCAA") as the Company continues [...]
TORONTO, Sept. 20, 2016 /CNW/ - DELISTING REVIEW Lightstream Resources Ltd. (the "Company") – TSX is reviewing the common shares (the "Shares") (Symbol: LTS) of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The Shares are suspended from trading immediately. About TMX Group [...]
CALGARY, ALBERTA--(Marketwired - Sep 19, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that the Company has not been able to reach a satisfactory settlement agreement with respect to the litigation (the "Unsecured Noteholder Litigation") that has been commenced by certain holders of the Company's 8.625 [...]
CALGARY, ALBERTA--(Marketwired - Sep 9, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) has filed our meeting materials on SEDAR and on our website, including our Management Information Circular (the "Circular") and related voting materials. Meeting materials have been mailed out to registered shareholders and [...]
CALGARY, ALBERTA--(Marketwired - Aug. 26, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that, in connection with our previously announced proposed recapitalization transaction to be implemented by way of a plan of arrangement (the "Arrangement") under the Canada Business Corporations Act (the "CBCA"), the [...]