Razor Energy Corp. (TSXV:RZE) acquired an additional stake in Kaybob Triassic Unit #1 and Kaybob Triassic Unit #2 in Kaybob area for CAD 4.9 million on January 15, 2018. The consideration is subject to customary adjustments. Razor Energy acquired an additional 40.53% stake in Kaybob Triassic Unit #1 and now holds 93.48% stake in it and acquired an the remaining 26.75% stake in Kaybob Triassic Unit #2 and now wholly owns it. The acquisition has been funded with Razor’s existing cash reserves. Haywood Securities Inc., Canaccord Genuity Corp. and Eight Capital acted as financial advisors for Razor Energy. Razor Energy Corp. (TSXV:RZE) completed the acquisition of an additional stake in Kaybob Triassic Unit #1 and Kaybob Triassic Unit #2 in Kaybob area on January 15, 2018.