Fellow Shareholders,
I encourage every Valeura Shareholder to send the attached emaill to TMX to investigate the affairs of our company as stated in the email. Concern from a number of Shareholders emphasizes to TMX the need to
investigate on an urgent basis.
The present Management Team needs to be investigated.
Thank you.
Valeura Shareholders Association --------
TSE compliance:
Valrie Douville
Phone: +1 514 788-2426
Email:
disclosure@tmx.com Dear Ms Douville,
As a shareholder of Valeura Energy Corporation I am deeply concerned over two issues pertaining to the affairs of the company:
- The sale of corporate assets in 2021 to a party with close ties to the Board of Directors of Valeura Energy Corporation at what appears, even in the circumstances prevailing at the time, as disturbingly deep discounts.
- The compensation of the Executive Team and the Board of Directors is excessive by any measure for a junior Oil and Gas company greatly diminished by the failure of its major project.
We ask TMX Compliance to investigate the legality of the above noted issues.
Respectfully,
-------
From: julieanne.head@tmx.com <julieanne.head@tmx.com>
On Behalf Of +Disclosure
Sent: Wednesday, February 2, 2022 7:51 AM
To: xxxxxxxxxxxxxxxxx
Subject: Re: [EXTERNAL] Valeura Energy Corporation - Fiduciary Responsibility issues
Mr. xxxxxxxxxxxxxxxxxxx,
We confirm receipt of your email dated January 29, 2022 that was addressed to
disclosure@tmx.com, Toronto Stock Exchange ("TSX"), regarding your concerns with respect to Valeura Energy Corp., (the "Company").
We advise that the Compliance and Disclosure Department of TSX will review and consider the issues you have brought forward to determine if there has been a breach of TSX requirements. Due to our strict confidentiality guidelines we are not at liberty to disclose any information regarding any review or investigation that we undertake. As a result, you will likely hear nothing further from us on this matter. We will correspond directly with the Company should we decide to proceed with a formal review of this matter.
Thank you for bringing this to our attention.
Regards,
Compliance & Disclosure / Conformit et communication de l’information
Toronto Stock Exchange /
Bourse de Toronto Email / courriel:
Disclosure@tmx.com Web Site:
www.tmx.com --------