Tiny Chain Energy Corp., hoping to spark its stock price, has retained Peters & Co. to explore strategic alternatives, including a sale. And a company VP expects to wrap up the results of the review process by the end of April. Ken Truscott, Chain’s senior VP and chief operating officer, said he anticipated Chain would be acquired by that time. “There have been unsolicited inquiries about our company” from other oil-and-gas companies and therefore Chain hired Peters, he said. Truscott said he could not speak about how many books Chain planned to send out on the C$25 million market cap company or elaborate on the parties interested in the company.
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