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Old 04-07-2012, 03:13 AM
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Old 07-13-2016, 06:12 PM
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Post Calgary-based oil company looks to pay down $1.175B debt with stock
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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