NuVista Energy Ltd. (OTCMKTS: NUVSF) related to its merger with Ovintiv Inc. Under the terms of the proposed transaction, NuVista shareholders will have the option to receive either (i) C$18.00 in cash per NuVista common share; (ii) 0.344 of a share of Ovintiv common stock; or (iii) a combination of cash and Ovintiv common stock, prorated so that, on a fully prorated basis, NuVista shareholders will receive C$9.00 in cash plus 0.172 of a share in common stock.