Alpine Commences Voluntary Chapter 11 Process
Alpine Commences Voluntary Chapter 11 Process
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - July 6, 2023) - Alpine Summit Energy Partners, Inc. (TSXV: ALPS.U) (NASDAQ: ALPS) and certain affiliates and related companies ("Alpine Summit", the "Company", or the "Debtors") today announced that, after evaluating a variety of strategic alternatives, it has filed for voluntary chapter 11 relief in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") and intends to conduct a sale of its assets pursuant to Section 363 of the U.S. Bankruptcy Code. The Company entered Chapter 11 with a commitment for $15.5 million in debtor-in-possession ("DIP") financing, provided by its existing bank group, to support its operations during the sale and reorganization process (the "Chapter 11 Process"). The Debtors have also filed various "first day" motions with the Bankruptcy Court, providing customary relief that will enable them to continue operating in bankruptcy without meaningfully disrupting their normal course of operations.
田納西州納什維爾和不列顛哥倫比亞省溫哥華--（Newsfile Corp. — 2023 年 7 月 6 日）— Alpine Summit Energy Partners, Inc.（多倫多證券交易所股票代碼：ALPS）以及某些關聯公司和關聯公司（”高山峯會“，”公司“，或者”債務人“）今天宣佈，在評估了各種戰略替代方案之後，它已向美國德克薩斯州南區破產法院休斯敦分院申請了第11章的自願救濟（”破產法院“）並打算根據《美國破產法》第363條出售其資產。該公司在進入第11章時承諾由債務人持有1,550萬美元（”浸“) 由其現有銀行集團提供的融資，以支持其在出售和重組過程中的運營（”第 11 章流程“)。債務人還向破產法院提出了各種 “第一天” 動議，提供了慣常救濟，使他們能夠在不嚴重干擾正常運營過程的情況下繼續破產經營。
The Company is advised in this matter by Porter Hedges LLP as counsel, Houlihan Lokey Capital Inc. as investment banker, and Huron Consulting Group, which is serving as financial advisor and providing Chief Restructuring Officer services.
擔任法律顧問的Porter Hedges LLP、作爲投資銀行家的Houlihan Lokey Capital Inc.和擔任財務顧問並提供首席重組官服務的休倫諮詢集團就此事向公司提供諮詢。
Additional information regarding the Chapter 11 Process is available at . Stakeholders with questions may call the Company's Claims Agent, Kroll Restructuring Administration LLC at (844) 219-3705 or (646) 440-4844 if calling from outside the U.S. or Canada, or email AlpineInfo@ra.kroll.com.
有關第 11 章流程的更多信息，請訪問。有疑問的利益相關者可以致電 (844) 219-3705 或 (646) 440-4844 致電公司的索賠代理人 Kroll 重組管理有限責任公司（如果是從美國或加拿大以外的地方致電），也可以發送電子郵件至 AlpineInfo@ra.kroll.com。
Trading on the TSX Venture Exchange will be suspended during the Chapter 11 Process. The Company cautions that trading in the Company's securities during the pendency of the Chapter 11 Process is highly speculative and poses substantial risks. Trading prices for the Company's securities may bear little or no relationship to the actual value realized, if any, by holders of the Company's securities. Accordingly, the Company urges extreme caution with respect to existing and future investments in its securities.
在第11章程序中，多倫多證券交易所風險投資交易所的交易將暫停。公司警告說，在第11章程序懸而未決期間交易公司證券具有很強的投機性，存在重大風險。公司證券的交易價格可能與公司證券持有人實現的實際價值（如果有）幾乎沒有關係。因此，公司敦促對其證券的現有和未來投資格外謹慎。
About Alpine Summit Energy Partners, Inc.
關於 Alpine Summit Energy
Alpine Summit is a U.S. based company that operates and develops oil and gas assets. For additional information on the Company, please visit .
Alpine Summit 是一家總部位於美國的公司，運營和開發石油和天然氣資產。有關公司的更多信息，請訪問。
Darren Moulds, Chief Financial Officer
Phone: 403.390.9260
Email: dmoulds@alpsummit.com
達倫·莫爾茲，首席財務官
電話：403.390.9260
電子郵件：dmoulds@alpsummit.com
Forward-Looking Information and Statements
前瞻性信息和陳述
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Alpine Summit's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Alpine Summit's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", or the negative or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the timing, manner, outcome and impact of the Chapter 11 Process.
本新聞稿包含適用的加拿大證券立法所指的某些 “前瞻性信息”，還可能包含可能構成1995年《美國私人證券訴訟改革法》安全港條款所指的 “前瞻性陳述” 的陳述。此類前瞻性信息和前瞻性陳述並不代表歷史事實、信息或當前狀況，而僅代表Alpine Summit對未來事件、計劃或目標的信念，其中許多事件本質上是不確定的，不在Alpine Summit的控制範圍內。通常，此類前瞻性信息或前瞻性陳述可以通過使用前瞻性術語來識別，例如 “計劃”、“預期”、“預算”、“預算”、“預計”、“預測”、“打算”、“預期”、“相信” 或此類詞語和短語的負面或變體，或者可能包含某些行動、事件或結果 “可能”、“會” 的陳述，“可能” 或 “將被採取”、“將繼續”、“將發生” 或 “將實現”。此處包含的前瞻性信息和前瞻性陳述包括但不限於有關以下內容的陳述：第11章流程的時機、方式、結果和影響。
By identifying such information and statements in this manner, Alpine Summit is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Alpine Summit to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this news release, Alpine Summit has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the impact that the Chapter 11 Process will have on relationships, including with regulatory bodies, employees, suppliers, contractors and competitors, including the listing on the Nasdaq Global Market ("Nasdaq") and the failure of Alpine Summit to meet the Nasdaq's continued listing requirements and maintain the listing on the Nasdaq and the TSX Venture Exchange; changes in general economic, business and political conditions, including changes in the financial and commodity markets; changes in the price of natural gas; changes in applicable laws; and compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Alpine Summit believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this news release, and Alpine Summit does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
通過以這種方式識別此類信息和陳述，Alpine Summit提醒讀者，此類信息和陳述受已知和未知的風險、不確定性和其他因素的影響，這些因素可能導致Alpine Summit的實際結果、活動水平、業績或成就與此類信息和聲明所表達或暗示的結果存在重大差異。此外，關於本新聞稿中包含的前瞻性信息和前瞻性陳述，Alpine Summit做出了某些假設。可能導致實際業績與前瞻性信息和陳述中的預測存在重大差異的關鍵因素包括：第11章流程將對包括與監管機構、員工、供應商、承包商和競爭對手在內的關係產生的影響，包括在納斯達克全球市場（“納斯達克”）上市，以及Alpine Summit未能滿足納斯達克的持續上市要求並維持在納斯達克和多倫多證券交易所的上市；總體變化經濟、商業以及政治狀況，包括金融和商品市場的變化；天然氣價格的變化；適用法律的變化；以及對政府廣泛監管的遵守情況。如果其中一個或多個風險、不確定性或其他因素得以實現，或者前瞻性信息或陳述所依據的假設被證明不正確，則實際結果可能與本文所述的預期、計劃、預期、相信、估計或預期的結果存在重大差異。儘管Alpine Summit認爲編制前瞻性信息和陳述時使用的假設和因素以及其中包含的預期是合理的，但不應過分依賴此類信息和陳述，也不能保證或保證此類前瞻性信息和陳述會被證明是準確的，因爲實際結果和未來事件可能與此類信息和陳述中的預期存在重大差異。本新聞稿中包含的前瞻性信息和前瞻性陳述自本新聞稿發佈之日起作出，除非根據適用的證券法，否則Alpine Summit不承諾更新此處包含或引用的任何前瞻性信息和/或前瞻性陳述。
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險投資交易所及其監管服務提供商（該術語在多倫多證券交易所風險交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
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要查看本新聞稿的源版本，請訪問
譯文內容由第三人軟體翻譯。