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NEUTRAL

Westmount Energy Announces Change in Shareholding

Why we think this is neutral

This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. It simply reports a change in shareholding for Westmount Energy, which is a routine regulatory disclosure.

Key Points

  • Canaccord Genuity Group Inc. has reduced its stake in Westmount Energy

Summary

The oil and gas exploration company has announced a change in its major shareholding.

Westmount Energy Limited has announced that Canaccord Genuity Group Inc. now holds 10.8306% of the company's voting rights, down from their previous holding of 12.8264%.

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