Parex/ Frontera -- summary under Ss. 84(4.1)(a) and (b) distributions of proceeds

Summary Under
Tax Topics - Public Transactions - Spin-Offs & Distributions - Ss. 84(4.1)(a) and (b) distributions of proceeds
Frontera proposes to sell its Columbia oil and gas business and distribute most of the cash proceed as a RoC distribution
Overview

Frontera, a TSX-listed corporation, is expected to sell, pursuant to a BC Plan of Arrangement, all of its Colombian oil and gas business...

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