Date closed: 7/29/2015

Value: See below

On July 29, 2015, Petroamerica Oil Corp. (Petroamerica) acquired all the issued and outstanding common shares of PetroNova Inc. (PetroNova) by way of a plan of arrangement (the Arrangement). Under the Arrangement, holders of PetroNova common shares received 0.85 Petroamerica common shares for each PetroNova common share held.

PetroNova, headquartered in Calgary, Alberta is an oil and gas company with operations in Colombia.

Petroamerica, headquartered in Calgary, Alberta, is an oil and gas exploration and production company with activities in Colombia.

BLG represented PetroNova with a team led by Melinda Park that included Melissa Smith, Louise Lee, David Madsen, Qaim Giga, Scott Robson and Alex Bruvels.