|
|
Annapolis principals’ involvement |
Peter Williams – Chairman & CEO
Jody Forsyth – corporate secretary |
| timeline |
January 1999 to May 2001 |
| listing status |
private |
| commodity focus |
heavy oil |
| geographic focus |
Lloydminster, Alberta |
| initial third party issue price |
$0.74 per share |
| sale price |
$2.13 per share |
| capitalization (at time of sale) |
$91 million |
| multiple of return |
2.88X |
| compounded rate of return (annual) |
57% |
|
