Petrox Resources Corp., announces that the termination date, as defined in the Amalgamation Agreement among Petrox, True North CX Inc. and Petrox's wholly-owned subsidiary, 2123054 Alberta Ltd. providing for the amalgamation of Petrox's and TNCX which was previously announced by Petrox on June 12, 2018, has passed. The Agreement provides that [...]
Petrox Resources, is pleased to announced that at the special meeting of the shareholders of Petrox held on July 10, 2018, the shareholders of Petrox approved the 5.5 to one consolidation of all of the issued and outstanding common shares of Petrox, the delisting of the common shares of Petrox from trading on the TSX Venture Exchange and have [...]
Petrox Resources announces that today it has entered into an amalgamation agreement with TrueNorth CX Inc. and a wholly-owned subsidiary of Petrox, 2123054 Alberta Ltd. Under the Amalgamation Agreement, TNCX and Petrox Subco will amalgamate to form a new corporation, which will be a wholly owned subsidiary of Petrox. The Transaction was originally [...]
Petrox Resources is pleased to announce that it has entered into a letter agreement with TrueNorth CX Inc. dated April 25, 2018 pursuant to which Petrox and TNCX intend to complete a three cornered amalgamation whereby Petrox will incorporate a new wholly owned subsidiary which will amalgamate with TNCX to form a new company. Under the terms of the [...]
Petrox Resources confirms that the amalgamation agreement providing for the proposed amalgamation transaction between the Corporation and Shanghai Sinooil Energy Holding Corporation previously announced in the Corporation's press release dated March 31, 2015 has expired and is now terminated. The termination of this proposed amalgamation was due [...]
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 [...]
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