|Bid||0.0800 x 0|
|Ask||0.1300 x 0|
|Day's Range||0.0800 - 0.0800|
|52 Week Range||0.0500 - 0.2500|
|Beta (3Y Monthly)||2.26|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||18.70|
Claren Energy Corp. (“Claren” or the “Company”) (CEN.V) is pleased to announce that its wholly owned subsidiary, Claren Operations Ltd., has entered into an agreement with Zeta Petroleum (Romania) S.R.L., to acquire the remaining sixty percent (60%) participating interest in the Bobocu Production License, onshore Romania, (“Bobocu”) . Upon closing of the acquisition, Claren Operations will hold a one hundred percent (100%) interest in the Bobocu Production License. Claren Energy Corp. is an oil and gas company that has a (40%) participating interest in the Bobocu License, onshore Romania.
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Claren Energy Corp. (“Claren” or the “Company”) (CEN.V) is pleased to announce that further to the Company’s news release dated November 19, 2018, the consolidation of its issued and outstanding common shares at a ratio of ten (10) pre-consolidated shares to one (1) post-consolidation share (the “Consolidation”) held, commenced trading at the opening of business on the TSX Venture Exchange on December 11, 2018. The Company’s new CUSIP number is 180266207 and its new ISIN number is CA1802662074. The purpose of the Consolidation is to facilitate the Company’s ability to attract future financings, generate greater investor interest and improve trading liquidity.