Alston Energy is advising that, pursuant to its recent announcement that a receiver has been appointed by the Court of Queen's Bench of Alberta to taken control of its assets and ensure the liquidation thereof, all of the directors and officers of Alston have resigned effective immediately following such appointment. For further information [...]
Alston Energy is advising that, pursuant to an application by the primary secured creditor of Alston, Alberta Treasury Branches, in the Court of Queen's Bench of Alberta, Alvarez and Marsal Canada Inc. has been appointed as receiver and manager of Alston's assets. A&M is expected to undertake an orderly liquidation of the assets of Alston. For [...]
Alston Energy is advising that, further to its press release of May 5, 2014, it has received correspondence from the Alberta Securities Commission that it has cease traded the common shares of the Company, which were trading on the facilities of the TSX Venture Exchange, as a result of the failure by the Company to file audited annual financial [...]
Alston Energy is advising that it has received correspondence from the Alberta Securities Commissionthat it intends to cease trade the common shares of the Company, which are currently trading on the TSX Venture Exchange. On March 6, 2014, the Company announced that it would not be able to file its audited annual financial statements and related [...]
Alston Energy announces today that, further to its previous press releases, it has obtained a further order from the Alberta Court of Queen's Bench pursuant to the Companies' Creditors' Arrangement Act (Canada) ("CCAA") extending the protection from its creditors granted by the Court under its Initial Order until May 9, 2014. In addition, the Court [...]