PetroWorth Shareholders Approve Share Consolidation and Name Change
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 06/25/13 -- PetroWorth Resources Inc. (CNSX: PTW)(FRANKFURT: T3F) announced today that all of the proposed resolutions were approved at the Company's Annual General Meeting (AGM) and Special Shareholders Meeting yesterday.
The approved resolutions include:
During the AGM, the Company indicated that the previously announced acquisition of the assets of Giant Exploration Inc. ("Giant") was approved by Giant's shareholders at a meeting in Calgary on June 21. However, due to the current state of emergency in Calgary, the closing of the transaction is expected to be delayed by approximately one week.
PetroWorth Resources Inc. is a junior oil and gas exploration company with properties in Alberta and eastern Canada.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained herein constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this report should not be unduly relied upon. The Corporation does not undertake any obligation to publicly update or revise any forward-looking statements. The Corporation has adopted the standard of 6 Mcf:1 BOE when converting natural gas to BOE. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf:1 BOE is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Contacts:
PetroWorth Resources Inc.
Neal Mednick
President
(416) 432-0362
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 25.06.2013 - 18:13 Uhr
Sprache: Deutsch
News-ID 273159
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Oil & Gas
Diese Pressemitteilung wurde bisher 179 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"PetroWorth Shareholders Approve Share Consolidation and Name Change"
steht unter der journalistisch-redaktionellen Verantwortung von
PetroWorth Resources Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
