PRD Energy Inc. is pleased confirm that it has received a certificate of dissolution from the Registrar of Corporation and is now formally dissolved. All of the remaining assets of the Company, being an amount of cash equally to CDN$0.00401838 per common share of PRD, have been deposited with Computershare Trust Company of Canada and have been [...]
PRD Energy Inc. 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 [...]
PRD Energy Inc. is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution. PRD is currently discharging all of its obligations and completing all other acts required to liquidate its business. PRD's assets, as at December 31, 2018, were comprised of cash on hand of approximately $725,055. PRD has [...]
PRD Energy Inc. is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution. PRD is currently discharging all of its obligations and completing all other acts required to liquidate its business. PRD's assets, as at June 30, 2018, were comprised of cash on hand of approximately $796,000 and accounts [...]
CALGARY, Alberta, April 10, 2018 -- PRD Energy Inc. is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution. PRD is currently dissolving its German subsidiaries, disposing of all its other assets that are not to be distributed in kind to the shareholders of PRD, discharging all of its [...]
CALGARY, Alberta, Jan. 09, 2018 -- PRD Energy Inc. is pleased to provide an update on the status of its liquidation and anticipated dissolution. PRD is currently dissolving its German subsidiaries, disposing of all its other assets that are not to be distributed in kind to the shareholders of PRD, discharging all of its obligations and completing [...]
CALGARY, Alberta, Oct. 31, 2017 (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 dissolving its German subsidiaries, disposing of all its other assets that are not to be distributed in kind to the shareholders [...]
CALGARY, ALBERTA--(Marketwired - Jul 28, 2017) - PRD Energy Inc. ("PRD" or the "Company") announced that effective as of July 28, 2017, it has ceased to be a reporting issuer in each of the Provinces of Alberta and British Columbia and is no longer a reporting issuer in any jurisdiction in Canada. PRD expects to complete its liquidation and [...]
PRD Energy announced that Mr. Daryl Gilbert has resigned from the board of directors of the Company. The Company thanks Mr. Gilbert for his years of dedicated service to PRD.
PRD Energy announced the board of directors of the Company approved a cash distribution in the amount of Cdn$0.082 per common share of PRD. The Distribution is payable on September 21, 2016 to shareholders of record as at the close of business on September 15, 2016 and will be made as a return of capital, with the stated capital of the common [...]
PRD Energy announced that shareholders today approved the voluntary liquidation and dissolution of the Company, the distributions to PRD shareholders of cash on hand, as part of such liquidation and dissolution, by way of a reduction of the stated capital of the PRD common shares and the delisting of the PRD common shares from the TSX Venture [...]
PRD Energy today announced that its Board of Directors has concluded its review of the Company's strategic alternatives process and determined that an orderly liquidation and dissolution of the Company is the best alternative for maximizing shareholder value. Effective immediately, the Company will cease to carry on business except as may be [...]