Cassels acted for Alpine Summit.
On September 7, 2021, HB2 Origination, LLC completed a reverse takeover of Red Pine Petroleum Ltd. to form Alpine Summit Energy Partners, Inc. pursuant to a business combination agreement.
In connection with the reverse takeover transaction, Alpine Summit completed a financing of subscription receipts for gross proceeds of approximately $7.5 million through a special purpose financial vehicle.
Alpine Summit is a U.S. based oil and gas company focused on the development in the hydrocarbon-rich Austin Chalk and Eagle Ford formations in Texas, United States.
HB2 Origination, LLC is a US based company that operates oil and gas assets in the Austin Chalk and Eagle Ford formations in the Giddings Field near Austin, Texas.
Red Pine Petroleum Ltd. is an exploration company
The Cassels’ team comprised of Lindsay Clements (Picture), Jasmine Qin, Reza Sarsangi, Rosina Jagore, Casey Vestergaard, Kimberly Dodson, Eni Silva and Sheri Sadeghian.
Law Firms: Cassels Brock & Blackwell LLP;
Clients: Alpine Summit Energy Partners;