Renegade Petroleum Ltd. and Petro Uno Resources Ltd. Announce Shareholder and Court Approval of Business Combination Transaction
2011年4月14日 - 8:41AM
Marketwired
Renegade Petroleum Ltd. ("Renegade") (TSX VENTURE: RPL) and Petro
Uno Resources Ltd. ("Petro Uno") (TSX VENTURE: PUP) are pleased to
announce that the holders of common shares of Petro Uno ("Petro Uno
Shareholders") have approved the acquisition of Petro Uno by
Renegade by way of a plan of arrangement pursuant to the provisions
of the Business Corporations Act (Alberta) (the "Arrangement").
Petro Uno Shareholders overwhelmingly supported the proposed
transaction, with 100% of Petro Uno Shareholders that voted in
person or by proxy at the special meeting of Petro Uno Shareholders
voting in favour of the Arrangement.
The Arrangement has also been approved by of the Court of
Queen's Bench of Alberta. The Arrangement is expected to close on
Thursday, April 14, 2011.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements related
to timing of closing of the Arrangement. Although Renegade and
Petro Uno believe that the expectations and assumptions on which
the forward-looking statements are based are reasonable, undue
reliance should not be placed on the forward-looking statements
because Renegade and Petro Uno can give no assurance that they will
prove to be correct. Since forward-looking statements address
future events and conditions, by their very nature they involve
inherent risks and uncertainties. Actual results could differ
materially from those currently anticipated due to a number of
factors and risks.
The forward-looking statements contained in this document are
made as of the date hereof and Renegade and Petro Uno undertake no
obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information,
future events or otherwise, unless so required by applicable
securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Renegade Petroleum Ltd. Michael Erickson President
& CEO (403) 355-8922 Renegade Petroleum Ltd. Alex Wylie
Vice-President, Finance & CFO (403) 410-3376 Petro Uno
Resources Ltd. Jordan Kevol President (403) 453-2266 ext 232
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