-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wd6sSgMs8ydV0pC1ZaiGrFosIeFAEdKnbSFKWcVKHs+jq7Yf9kbXrQJvEVGXAYL/ UNpu75Wi0J7pYXCxCX9z1A== 0001130319-03-000931.txt : 20031212 0001130319-03-000931.hdr.sgml : 20031212 20031212172058 ACCESSION NUMBER: 0001130319-03-000931 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031211 FILED AS OF DATE: 20031212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HAWKER RESOURCES INC CENTRAL INDEX KEY: 0001025863 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-29224 FILM NUMBER: 031052610 BUSINESS ADDRESS: STREET 1: STE 410 STREET 2: 1167 KENINGTON CRESCENT NW CITY: CALGARY ALBERTA CANA STATE: A0 ZIP: T2N 1X7 BUSINESS PHONE: 4032835900 FORMER COMPANY: FORMER CONFORMED NAME: SYNSORB BIOTECH INC DATE OF NAME CHANGE: 19961025 6-K 1 o11507e6vk.htm FORM 6-K Form 6-K
Table of Contents



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

December 11, 2003

Commission File No. 0-29214

Hawker Resources, Inc.
(formerly named SYNSORB Biotech Inc.)


(Translation of registrant’s name into English)

411 – 19th Street SE
Calgary, Alberta, Canada T2E 6J7


(Address of principal executive office)

     Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

     
Form 20-F   þ   Form 40-F   o

     Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Act of 1934.

     
Yes   o   No   þ

     If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-N/A



 


SIGNATURES
Exhibit Index
Press Release Dated December 11, 2003


Table of Contents

     
Exhibit Number   Exhibit

 
1.   Press release dated December 10, 2003

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

         
    HAWKER RESOURCES, INC.
(formerly named SYNSORB Biotech Inc.)
 
 
Dated: December 11, 2003   By:   /s/ “Barry Herring”
Name:  Barry Herring
Title:    Chief Financial Officer

 


Table of Contents

Exhibit Index

     
Exhibit Number   Exhibit

 
1.   Press release dated December 10, 2003

  EX-1 3 o11507exv1.htm PRESS RELEASE DATED DECEMBER 11, 2003 Press Release Dated December 11, 2003

 

Hawker Resources Inc. Agrees to Acquire Pointwest Energy Inc.

December 10, 2003

Calgary, Alberta

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Hawker Resources Inc. (“Hawker”) (TSX:HKR) has entered into a definitive agreement to acquire all of the shares of Pointwest Energy Inc. (“Pointwest”) for an overall purchase price of approximately $88 million, inclusive of debt. The directors, officers and certain shareholders of Pointwest holding more than 92% of the shares of Pointwest have agreed to irrevocably accept the offer by Hawker.

Pointwest currently produces approximately 3,600 barrels of oil equivalent per day, weighted 95% toward natural gas, and has 29,400 net acres of undeveloped land. The consolidated company will have initial production of approximately 36.9 MMCFD of natural gas and 180 BPD of crude oil and natural gas liquids.

Funding required to complete the acquisition will be obtained through a combination of equity and debt financing. Hawker has entered into an agreement, on a bought deal basis, with an underwriting syndicate led by Peters & Co. Limited and including Tristone Capital Inc., FirstEnergy Capital Corp., GMP Securities Ltd., and CIBC World Markets Inc. for an offering, by way of a short form prospectus, of 11,200,000 common shares at a price of $4.05 per share for gross proceeds of $45,360,000. It is a condition of the offering that the acquisition close concurrently with closing of the offering, and the financing and acquisition are both expected to close on December 30, 2003. The balance of the funds required to complete the acquisition will be advanced under a credit facility arranged with a Canadian chartered bank.

Hawker President David Tuer noted that “The addition of the Pointwest assets to our own inventory of production and exploration properties offers Hawker the opportunity to grow significantly over the next several years. The acquisition is expected to be strongly accretive to our cash flow and earnings in 2004, moves the Company to a much higher level of production and drilling activity, and substantially increases the proportion of Hawker’s asset base that is operated.”

Hawker is an Alberta-based corporation engaged in the business of exploring for and developing oil and natural gas reserves in western Canada and acquiring oil and natural gas properties. Hawker’s common shares are listed on the Toronto Stock Exchange under the symbol “HKR”.

The common shares have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.

FOR FURTHER INFORMATION PLEASE CONTACT:

Hawker Resources Inc.

Mr. David A. Tuer, President & CEO
Tel.: (403) 290-4874

Mr. Barry R. Herring, Senior Vice President & CFO
Tel.: (403) 290-4856

ADVISORY: Certain information regarding the company, including management’s assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks associated with oil and gas exploration, production, marketing and transportation such as loss of market, volatility of prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers and ability to access sufficient capital from internal and external sources; as a consequence, actual results may differ materially from those anticipated. The company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those contemplated by the forward-looking statements.

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