Cuda Oil and Gas Inc. Announces Agreement to Sell Alberta Assets for $2.67 Million

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Calgary, Alberta–(Newsfile Corp. – September 16, 2021) – Cuda Oil and Gas Inc. (TSXV: CUDA) (“Cuda” or the “Company”) announces that it has entered into a Share Purchase Agreement (“Agreement”) to sell all of the shares of Cuda Energy Inc., a wholly-owned subsidiary of the Company that holds its Alberta assets, to an arm’s length private company (the “Purchaser”). The Purchaser has agreed to pay total cash consideration of $2.67 million, subject to certain adjustments,…
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