Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/financial/money/petrobank-and-touchstone-announce-shareholder-appr.shtmlPetrobank and Touchstone announce shareholder approval of plan of arrangement
Petrobank Energy and Resources Ltd. and Touchstone Exploration Inc. report that our respective shareholders
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Petrobank Energy and Resources Ltd. and Touchstone Exploration Inc. report that our respective shareholders have approved all matters related to the proposed combination of Petrobank and Touchstone previously announced on March 6, 2014 and detailed in our Joint Management Information Circular and Proxy Statement (Joint Circular) dated March 28, 2014. There were no dissenting shareholders.
The Arrangement is expected to be completed on or about April 30, 2014 upon satisfaction or waiver of all of the conditions to the Arrangement set out in the Arrangement Agreement entered into by Petrobank and Touchstone on March 6, 2014, including approval by the Court of Queen's Bench of Alberta at a hearing scheduled for April 30, 2014 and stock exchange approvals.
