Cathedral Energy Services Ltd. (the "Company" or "Cathedral") (TSX: CET) announces its consolidated financial results for the three and six months ended June 30, 2022 and 2021.
Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company" or "CET") announced today a number of changes in its management team going forward. Chad Robinson will be appointed the Chief Financial Officer of the company, replacing Mr. Ian Graham who will be departing the organization.
Cathedral Energy Services Ltd. (TSX: CET) ("Cathedral" or the "Company") is pleased to announce that the Company has closed its previously announced acquisition (the "Acquisition") of Altitude Energy Partners, LLC ("Altitude") for a total purchase price of approximately USD $100,000,000 (the "Purchase Price"). The Purchase Price was satisfied through the issuance of 67,031,032 common shares in the capital of Cathedral ("Common Shares") and a cash amount of USD $62,675,000.