CALGARY, AB, July 14, 2022 /CNW/ - Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") is pleased to announce that the Company has closed its previously announced acquisition (the "Acquisition") of Altitude Energy Partners, LLC ("Altitude") for a total purchase price of approximately USD $100,000,000 (the "Purchase Price"). The Purchase Price was satisfied through the issuance of 67,031,032 common shares in the capital of Cathedral ("Common Shares") and a cash amount of USD $62,675,000.
Read more at newswire.caCATHEDRAL ENERGY SERVICES ANNOUNCES CLOSING OF ACQUISITION OF ALTITUDE ENERGY PARTNERS FOR $100MM USD
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