L&M Energy said its shareholders approved the acquisition of L&M Coal Seam Gas at a special general meeting in Wellington today.Four resolutions put to the meeting were approved. The all scrip acquisition was regarded as a major transaction and wa
L&M Energy said its shareholders approved the acquisition of L&M Coal Seam Gas at a special general meeting in Wellington today.
Four resolutions put to the meeting were approved. The all scrip acquisition was regarded as a major transaction and was also with related parties.
The merged company owns six coal seam gas permits, two in the Waikato Basin in the North Island and four in basins in the South Island.
