CALGARY, AB, July 13, 2023 /CNW/ - Spartan Delta Corp. ("Spartan") (TSX:SDE) is pleased to announce that Logan Energy Corp. ("Logan") has commenced operations as a new high growth company following the completion of the previously announced transfer by Spartan to Logan of its early stage Montney assets in exchange for common shares (the "Logan Shares") and warrants (the "Logan Warrants") of Logan (the "Spin-Out"). In addition, Spartan has completed the distribution of the cash proceeds from the previously announced asset sale, and the Logan Shares and Logan Warrants issued pursuant to the Spin-Out, to the eligible holders of the common shares of Spartan (the "Spartan Shares" and collectively, the "Distribution").
Read more at newswire.caSPARTAN DELTA CORP. ANNOUNCES THE COMPLETION OF THE PREVIOUSLY ANNOUNCED SPIN-OUT TRANSACTION AND MANAGEMENT CHANGES
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