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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Post by TOMMY1on Jun 16, 2016 6:18pm
268 Views
Post# 24972704

Really?! Extended to July 29, 2016

Really?! Extended to July 29, 2016
June 16, 2016

Long Run Exploration Ltd. Provides Update on Arrangement

 

CALGARY, ALBERTA--(Marketwired - June 16, 2016) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that Calgary Sinoenergy Investment Corp. (the "Purchaser") has extended the outside date of the proposed plan of arrangement involving Long Run, the Purchaser and the Long Run securityholders (the "Arrangement") to July 29, 2016. 

The Purchaser has submitted its final documentation for approval with respect to the regulatory review process under theInvestment Canada Act. Long Run and the Purchaser continue to anticipate that the Arrangement will close shortly following, and subject to, the receipt of approval under the Investment Canada Act.

Further details regarding the Arrangement can be found in the Company's information circular and proxy statement dated January 29, 2016 and the addendum thereto, each filed on Long Run's SEDAR profile at www.sedar.com.


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