MFC Industrial acquires special warrants of Compton Petroleum

theflyonthewall.com

MFC Industrial announced that it has acquired, though its indirect wholly-owned subsidiary, MFC Acquisition, 6,548,498 special warrants of Compton Petroleum Corporation at a price of $1.25 per warrant pursuant to the special warrant agreement between the company and Compton dated July 6, 2012 and previously announced by the parties on July 9, 2012. The warrants are convertible into common shares of Compton on a one-for-one basis.

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