Petrox Resources is pleased to announce that the Amalgamation Agreement providing for the proposed amalgamation transaction between the Corporation and Shanghai Sinooil Energy Holding, which was to have expired on March 31, 2015, has been extended to expire on August 31, 2015, with a proposed closing date of June 30, 2015.
Petrox Resources is pleased to announce that the Amalgamation Agreement providing for the proposed amalgamation transaction between the Corporation and Shanghai Sinooil Energy Holding, which was to have expired on March 31, 2015, has been extended to expire on August 31, 2015, with a proposed closing date of June 30, 2015.
Petrox Resources, further to its press releases dated July 18, 2014 and September 3, 2014, is pleased to announce that it has signed an amalgamation agreement dated November 14, 2014 with Shanghai Sinooil Energy Holding, which will form the basis upon which Petrox and Shanghai Energy will combine their businesses. This is an arm's length [...]
Petrox Resources is pleased to announce that, further to its news release of July 18, 2014 in which Petrox announced that it has entered into a conditional, non-binding letter of intent involving an arm's length business combination with a private entity from the People's Republic of China, this private entity has now assigned all of its rights and [...]
Petrox Resources is pleased to announce that it has entered into a conditional and non-binding letter of intent which contemplates an arm's length business combination with a private entity from the People's Republic of China. It is currently contemplated that the Transaction will involve the acquisition of all of the issued and outstanding common [...]