Alpetro Resources Ltd.: Take-Over Bid Circular and Directors' Circular Mailing Completed in Respect of $0.39 Per Share Offer ...
October 06 2011 - 5:59PM
Marketwired
Alpetro Resources Ltd. ("Alpetro") (TSX VENTURE:ALF) is pleased to
announce that mailing to Alpetro's registered shareholders has been
completed on October 4, 2011 in connection with the formal bid
circular in respect of the offer to acquire the outstanding common
shares of Alpetro at a price of $0.39 in cash per share set out in
the Pre-Acquisition Agreement referred to in Alpetro's prior news
release of September 13, 2011. Alpetro has also completed mailing
of its directors' circular on October 4, 2011 recommending that
Alpetro's shareholders accept the offer and tender their shares to
the offer.
The offer is open for acceptance until 10:00 a.m. (Calgary time)
on November 9, 2011, unless extended or withdrawn.
Full particulars of the offer are set out in the filed offer and
circular and directors' circular available on SEDAR at
www.sedar.com.
This news release is for information purposes only and is not a
substitute for the filed offer and circular and directors'
circular. There can be no assurance that the conditions of closing
will be satisfied, or that the transaction will be completed as
proposed or at all. Alpetro will issue further news releases in
respect to this proposed transaction as circumstances warrant.
Forward Looking Statements
This new release contains forward-looking statements which
reflect Alpetro's current expectations regarding future events. The
forward-looking statements involve risks and uncertainties. Actual
results could differ materially from those projected herein.
Alpetro disclaims any obligation to update these forward-looking
statements.
The TSX Venture Exchange Inc. has not reviewed and does not
accept responsibility for the adequacy or accuracy of this news
release.
Contacts: Alpetro Resources Ltd. Nazrul Islam President &
CEO (403) 234-9006naz@alpetroresources.com
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