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Shoal Point Energy Ltd C.SHP

Alternate Symbol(s):  SHPNF

Shoal Point Energy Ltd. is a Canada-based oil and natural gas exploration and development company. The Company is engaged in the acquisition, exploration and development of oil and natural gas properties. The Company’s projects include Humber Arm Allochthon. It has the rights to the exploration lands covering approximately 220,000 acres in the near offshore of the west coast of Newfoundland. The Company holds exploration license 1070 (EL 1070) off the west coast of Newfoundland which totals approximately 150,000 acres. The EL 1070 in Newfoundland is considered to be an exploration and evaluation asset, as it is still in the exploration stage. The Company’s Pratt County project is considered a developed oil and natural gas property. The Company’s subsidiary is Shoal Point U.S.A. Inc.


CSE:SHP - Post by User

Bullboard Posts
Post by tickerhiton Sep 15, 2020 1:23pm
125 Views
Post# 31560625

July 17th News Release on ANNUAL GENERAL MEETING MATERIAL

July 17th News Release on ANNUAL GENERAL MEETING MATERIALSHOAL POINT ENERGY ANNOUNCES POSTPONEMENT OF EXECUTIVE COMPENSATION DISCLOSURE AND ANNUAL GENERAL MEETING MATERIAL

Vancouver, B.C. – (CSE - SHP) (“Shoal Point “ the “Company”) announces that in light of the COVID19 public health emergency and related restrictions on gatherings, the Company intends to delay holding its annual general meeting of shareholders to a later date, but prior to October 30, 2020. The Company is relying on the temporary blanket relief provided by the Canadian Securities Administrators (including the exemptive relief contained in ASC Blanket Order 51-518, BC Instrument 51-516 and Ontario Instrument 51-504) to postpone the filing of its executive compensation disclosure required under applicable securities laws until such time as it is filed and delivered to shareholders as part of the Company’s information circular relating to its 2020 annual general meeting of shareholders. With this conditional temporary relief, the British Columbia Securities Commission and the other Canadian Securities Administrators regulators are giving public companies until December 31, 2020 to send to its securityholders, and file, its next annual general meeting information circular containing the executive compensation disclosure.

On behalf of the Board of Directors,

“Mark Jarvis” MARK JARVIS,

CEO SHOAL POINT ENERGY LTD.

Tel: 416 637 2181
Bullboard Posts