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07-13-2016, 06:12 PM
http://i.cbc.ca/1.2860539.1444146953!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/oil-prices-environment.jpg Lightstream Resources says it's been granted preliminary court protection from creditors as it pursues a plan to reduce its debtload by just over $1 billion — a move that would see secured creditors receive 95 per cent of the struggling oil and gas company's equity.
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More... (http://start.westnet.ca/newstempcb.php?article=canada/calgary/debt-lightstream-resources-shareholders-creditors-equity-oil-gas-1.3677407)
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