PTT Primera Energy Resources Ltd.

Primera Energy Resources Ltd. (TSX VENTURE:PTT) ("PERL") is pleased to announce
that the shareholders and optionholders of PERL (the "Securityholders") have
today voted to approve the previously announced plan of arrangement (the
"Arrangement") with Touchstone Exploration Inc. ("Touchstone") which provides
that Touchstone will acquire all of the common shares of PERL not otherwise
owned, directly or indirectly, by Touchstone. The Arrangement was approved by
92.58% of the PERL shares and PERL options voted, as a single class, at the
meeting as well as 79.32% of the votes cast by Securityholders after excluding
PERL shares and PERL options as required pursuant to Multilateral Instrument
61-101 - Protection of Minority Security Holders in Special Transactions.


PERL also today received the final approval of the Court of Queen's Bench of
Alberta respecting the Arrangement.


Pursuant to the arrangement agreement between PERL and Touchstone dated
September 16, 2012, the Arrangement will become effective after all of the
conditions to close specified therein are either satisfied or waived. PERL and
Touchstone are currently working towards bringing about the satisfaction of all
of the remaining closing conditions.


Forward Looking Information

Certain information included in this press release constitutes forward-looking
information under applicable securities legislation. Such forward-looking
information is provided for the purpose of providing information about
management's current expectations and plans relating to the future. Readers are
cautioned that reliance on such information may not be appropriate for other
purposes, such as making investment decisions. Forward-looking information
typically contains statements with words such as "anticipate", "believe",
"expect", "plan", "intend", "estimate", "propose", "project" or similar words
suggesting future outcomes or statements regarding an outlook. Forward-looking
information in this press release may include, but is not limited to, statements
relating to the Arrangement and the timing of the completion of the Arrangement.
Forward-looking information is based on a number of factors and assumptions
which have been used to develop such information but which may prove to be
incorrect. Although PERL believes that the expectations reflected in such
forward-looking information is reasonable, undue reliance should not be placed
on forward-looking information because PERL cannot give assurances that such
expectations will prove to be correct. In addition to other factors and
assumptions which may be identified in this press release, assumptions have been
made regarding and are implicit in, among other things: the ability of PERL to
complete the Arrangement described in this press release and the timely receipt
of any required regulatory approvals (including from the Petroleum Company of
Trinidad and Tobago). Readers are cautioned that the foregoing list is not
exhaustive of all factors and assumptions which have been used.


The forward-looking information contained in this press release is made as of
the date hereof and PERL does not undertake any obligation to update publicly or
revise any forward-looking information, whether as a result of new information,
future events or otherwise, unless required by applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Primera Energy Resources Ltd.
Geoffrey Leid
Chief Executive Officer
(868) 628-1128
gleid@leidco.com

Primera Energy Resources Ltd. (TSXV:PTT)
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Primera Energy Resources Ltd. (TSXV:PTT)
過去 株価チャート
から 7 2023 まで 7 2024