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Cygnet Energy to acquire Kiwetinohk Energy for $1.4 billion – Acquisition Summary

Wednesday, October 29th, 2025

Overview of the Transaction Cygnet Energy Ltd. has agreed to acquire Kiwetinohk Energy Corp. (KEC) for C$24.75 per share in cash, valuing the transaction at approximately C$1.4 billion (including assumed debt). The deal, structured as a plan of arrangement under the Canada Business Corporations Act, is expected to close in late December 2025. Strategic Rationale [Read more]

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