Dome Energy AB. Executes Agreement for the Sale of US Operations
Dome Energy AB. (Ticker: DOME ) is pleased to announce that it has entered into a Heads of Agreement with PEDEVCO Corp. d/b/a Pacific Energy Development (NYSE: PED ) for the proposed sale of Dome’s entire US asset base. Structured as the sale of Dome’s wholly owned subsidiary Dome Energy Inc., the proposed transaction, will see Dome Energy AB. shareholders receive 140 million shares of PEDEVCO common stock, representing ~64% of the total shares