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Pine Cliff Energy Ltd and Geomark Exploration Ltd. Announce Interim Order, Mailing of Joint Management Information Circular and Management Change

Thursday, 20 Sep 2012 07:10pm EDT 

Pine Cliff Energy Ltd and Geomark Exploration Ltd. announced that Geomark has received the interim order of the Court of Queen's Bench of Alberta in respect of the previously announced proposed plan of arrangement involving Pine Cliff, Geomark and the shareholders of Geomark (the Arrangement). A joint information circular of Geomark and Pine Cliff dated September 19, 2012 (the Information Circular), in respect of the special meetings of the Geomark shareholders and Pine Cliff shareholders, to be held at 9:00 a.m. (Calgary time) and 10:00 a.m. (Calgary time), respectively, on October 18, 2012 for the purpose of obtaining the requisite approvals in respect of the Arrangement and matters related to the Arrangement, will be mailed to shareholders in the upcoming days. Geomark also announced that Mark Balog, the current President and Chief Operating Officer of Geomark, has given notice that he will be resigning on the earlier of the completion of the Arrangement or October 31, 2012. This timing allows for a reasonable period of time after completion of the Arrangement to allow for an orderly transition of responsibilities. 

Company Quote

-0.03 -1.73%
21 Jul 2014