Edition:
India

Paramount Resources monetizes part of its Seven Generations' share


Friday, 23 Sep 2016 

Paramount Resources Ltd : Announces the monetization of part of its Seven Generations Energy Ltd shares and provides operational update . Has received approximately $310 million in cash and will realize balance of proceeds in late December 2016 .Has monetized aggregate of 24.7 million 7g shares through sale transactions for gross proceeds of approximately $735 million. 

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