Longview shareholders approve acquisition by Surge Ticker Symbol: C:LNV
Longview shareholders approve acquisition by Surge
Longview Oil Corp (C:LNV)
Shares Issued 47,047,152
Last Close 6/3/2014 $6.79
Tuesday June 03 2014 - News Release
An anonymous director reports
LONGVIEW ANNOUNCES ANNUAL AND SPECIAL MEETING VOTING RESULTS INCLUDING SHAREHOLDER APPROVAL OF THE PLAN OF ARRANGEMENT WITH SURGE ENERGY INC.
On June 3, 2014, Longview Oil Corp. held its annual and special meeting of shareholders, whereby Longview shareholders approved the previously announced plan of arrangement involving Longview, Surge Energy Inc. and the shareholders of Longview. A total of 30,084,724 common shares (approximately 63.95% of the outstanding common shares) were represented at the Meeting in person or by proxy.The Arrangement was approved by shareholders holding greater than 99.9% of the common shares of Longview who voted on the Arrangement in person or by proxy at the Meeting.
The final approval of the Court of Queen's Bench of Alberta of the Arrangement is expected to be received, and the closing of the Arrangement is expected to occur, on June 5, 2014.
In addition, at the Meeting, Longview shareholders approved the election of three nominees as directors of Longview, with common shares represented at the Meeting voting by way of ballot in favour of the individual nominees as follows: Doug Baker 99.3%Daryl Gilbert 99.2%Steven Sharpe 96.7%If the Arrangement is completed as planned, such individuals intend to resign as directors of Longview at closing of the Arrangement. If the Arrangement is not completed, such individuals will hold office until the next annual general meeting of Longview shareholders or until their successors are duly elected or appointed.
We seek Safe Harbor.