Crown-backed Marquee to explore strategic options
Calgary junior energy company Marquee Energy Ltd (TSX-V: MQX) said it has begun a review of strategic alternatives to enhance shareholder value. The company, focused on light oil development and production in the Michichi area of Alberta, said the alternatives may include a sale of all or a portion of its assets, a business combination, a royalty, a joint venture, strategic investment or other deal. Marquee has engaged GMP Securities LP as a financial advisor to support the review. Last year, Marquee secured a $30 million special situations term loan from Crown Capital Partners.
14 March 2018•3 mins read
