UPDATE: Energy Securities LP – Securities Commission Announcement

UPDATE: Energy Securities LP – Securities Commission Announcement

The Securities Commission has just released an announcement about various Whimp offers, including the Energy Securities LP offer for DNZ shares.

The Securities Commission has found that the offer was misleading. Energy Securities LP is required to send a corrective statement to DNZ shareholders by 5:00 p.m. on March 22. Although not stated by the Securities Commission, DNZ can disregard any acceptances dated prior to the distribution of the corrective statement as those acceptances will have been given on the basis of an offer that the regulator has found to be misleading and deceptive.

The Securities Commission News Release can be found here.


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WARNING: “Low Ball” Offer for DNZ Shares by Energy Securities LP