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Stocks in play: ACT Energy Technologies Ltd.

Baystreet.ca - Baystreet - Tue Jan 6, 8:30AM CST

Announced that on January 5, it acquired all the assets of Stryker Energy Directional Services, LLC for total consideration of USD$24.2 million (approximately CAD$34 million. The purchase price consisted of USD$12.5 million in cash, a USD$6.7 million promissory note, and USD$5.0 million in ACT common shares. ACT Energy Technologies Ltd. shares T.ACX are trading unchanged at $4.89.

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