PetroShale Announces Results of Annual and Special Meeting
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 07/06/17 -- PetroShale Inc. ("PetroShale" or the "Company") (TSX VENTURE: PSH)(OTCQX: PSHIF) is pleased to announce the results of its annual and special meeting (the "Meeting") of its shareholders held on July 6, 2017, as follows:
Prior to the Meeting, the Company determined to withdraw consideration of a resolution seeking minority shareholder approval for certain insider involvement in any future equity financing of the Company. In the future, should the Company conduct an equity financing transaction which is not exempt from Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, it will seek shareholder approval at such time.
About PetroShale
PetroShale is an oil company engaged in the acquisition, development and consolidation of interests in the North Dakota Bakken / Three Forks.
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.
Note Regarding Forward-Looking Statements
The statement that we will seek shareholder approval for any equity financing transaction that we may conduct in the future which is not exempt from Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions is a forward-looking statement which involves known and unknown risks and uncertainties. This statement is only a prediction and actual events or results may differ materially. With respect to this forward-looking statement, PetroShale has made assumptions regarding, among other things, the terms of any such potential future equity financing and in particular the involvement of insiders therein.
This forward-looking statement is made as of the date of this document and the Company disclaims any intent or obligation to update publicly this forward-looking statement, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
Contacts:
PetroShale Inc.
Attention: Executive Chairman of the Board
+1.303.297.1407
Cindy Gray
5 Quarters Investor Relations, Inc.
403.828.0146
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Datum: 06.07.2017 - 14:30 Uhr
Sprache: Deutsch
News-ID 1512529
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CALGARY, ALBERTA
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Oil & Gas
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