EXPM:PREGF - Post by User
Post by
vkny2015on Feb 13, 2020 12:36pm
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Post# 30686556
cash distribution
cash distribution CALGARY, Alberta, Dec. 10, 2019 (GLOBE NEWSWIRE) -- PRD Energy Inc. ("PRD" or the "Company") is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution.
PRD is currently completing all acts required to liquidate its business. PRD's assets, as at December 5, 2019, were comprised of cash on hand of approximately $681,589. PRD has filed requests for tax clearance certificates with the Canada Revenue Agency and intends to complete the final distribution to PRD shareholders and the dissolution of the Company once the clearance certificates are received.