Sterling Energy Resources, Inc. Makes Tender Offer.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Sterling Energy Resources, Inc. (Pink Sheets:SGER SGER Small Grant for Electronic Research (National Science Foundation) ), an oil and natural gas exploration and production company headquartered in Overland Park, Kansas Overland Park is the second most populous city in the U.S. state of Kansas. It is located in Johnson County, a satellite city of Kansas City, and is near Olathe, Lenexa, Prairie Village and Leawood. In 2006, the estimated population is 167,500. , announced today that it is conducting a tender offer through the mail to purchase up to 1,000,000 shares of its outstanding common stock for a purchase price of $0.50 per share on a "first-come-first-served" basis. Accordingly, the first 1,000,000 shares tendered for purchase by Sterling Energy Resources, Inc. from its shareholders will be accepted for redemption and cancellation, and those shareholders will receive $0.50 per share payable in cash in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with the terms of the tender offer. Any other shares tendered by shareholders for repurchase re·pur·chase tr.v. re·pur·chased, re·pur·chas·ing, re·pur·chas·es To buy (something) again. n. The act of buying something that one previously sold or owned. Noun 1. by Sterling Energy Resources, Inc. will be returned to the shareholders. The tender offer commenced on June 6, 2006 and will terminate on June 30, 2006 at 5:00 PM Pacific Daylight Savings Time, unless extended by Sterling Energy Resources, Inc. for up to an additional 30 days. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion