trending Market Intelligence /marketintelligence/en/news-insights/trending/omhDqTmJPldXpRLd3bO1FA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Fieldex nixes reverse takeover deal with renewable energy company

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019


Fieldex nixes reverse takeover deal with renewable energy company

Fieldex Exploration Inc. nixed the previously agreed reverse takeover with Idénergie Inc., a Quebec-based private renewable energy company, and the spin out of the company's resource properties into a new public company, QUAD Resources Inc.

The parties signed an amended takeover deal in September 2017, under which Fieldex agreed to combine with Idénergie and become a renewable energy clean tech company.

"The two companies mutually agreed that the public markets for emerging clean technology companies specialized in the field of power electronics are not conducive to financing opportunities," Fieldex President and CEO Martin Dallaire said March 7.

Fieldex also decided not to change its name to Idenergy Corp./Corp. Idénergie following the deal termination.

Additionally, Sébastien Bellefleur resigned from the Fieldex board. The company said in a March 8 release that Jean-François Madore also resigned as a company director.