i3 Energy completes Gain acquisition and Harvard sale

i3 Energy announced on Friday that it has completed the acquisition of all the petroleum and infrastructure assets of Gain Energy, for CAD 80m (£46.05m).

The AIM-traded firm said the completion followed its re-admission, as it explained in an announcement on 11 August.

It said it also completed the sale of the petroleum and infrastructure assets held by Gain Energy to Harvard Resources.

The sale was of the assets located in Saskatchewan, for CAD 45m.

At 1238 BST, shares in i3 Energy were up 0.38% at 5.22p.