Alston Energy Inc.

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 [...]

Alston Energy announces today that, further to its previous press releases and pursuant to the sales process it had initiated as part of the process to which it is subject pursuant to the Companies' Creditors' Arrangement Act (Canada), it has entered into an agreement to sell all of its oil and gas assets in the Alexander area of Alberta to a [...]

Alston Energy announces today that, further to its press releases dated December 9, 2013 and December 11, 2013, it has received an Order under the Companies' Creditors' Arrangement Act (Canada) from the Court of Queen's Bench of Alberta extending the protection from its creditors granted by the Court under its Initial Order until March 7, 2014 [...]

Alston Energy announces today that, further to its press release dated December 9, 2013, it has received an Amended and Restated Initial Order under the Companies' Creditors' Arrangement Act (Canada) from the Court of Queen's Bench of Alberta protecting it from its creditors for a period of 30 days from the date of its initial filing on December 9 [...]

Alston Energy announces today that, after careful consideration of all available alternatives, the Board of Directors of Alston has determined that it is in the best interests of the Company and all of its stakeholders that it file an application for an initial order under the Companies' Creditors' Arrangement Act (Canada). As a result, earlier [...]

Alston Energy announces that it has received a demand for repayment and notice of intent to enforce security from one of its secured creditors, Second Wave Petroleum. Pursuant to a loan agreement dated February 24, 2011 between CanRock Energy Corp., a predecessor entity of the Company, and Second Wave (the "Loan Agreement"), the Company pledged its [...]

Alston Energy Inc. ("Alston" or the "Company") announces that it has engaged Sayer Energy Advisors ("Sayer") to assist the Company in reviewing its strategic alternatives. In order to maximize shareholder value, the Board of Directors of Alston has asked Sayer to review all alternatives available to the Company, including a sale of the Company, a [...]